||1 July 2016.
||Type of Information or Material Fact
The completion of sell of all Protelindo Luxembourg S.a.r.l’s (“Protelindo Luxembourg”) shares
in Protelindo Netherlands B.V. (“PNBV”) (which represents 56% of the voting and economic rights
to the shares in PNBV), to Cellnex Telecom S.A. (“Cellnex”), whereby Protelindo Luxembourg is a
company established in Luxembourg, and is 100% wholly owned by PT Profesional Telekomunikasi Indonesia
(“Protelindo”), a subsidiary of the Company, which shares is owned 99.99% by the Company.
||Information or Material Fact Description
Referring to the information disclosure of the Company dated 30 May 2016 through websites of Indonesian
Stock and the Company regarding the proposed of sell of Protelindo Luxembourg shares in PNBV to Cellnex
(“Transaction”), herewith the Company inform that all the sequences of the Transaction has been completed
by the parties in accordance with the provisions in Share Purchase Agreement dated 27 May 2016.
Event, information or material facts impact to the operational, legal, financial or continuity
of the Company’s business
By completing this Transaction, Protelindo obtained funds in cash from the sale of shares owned
by the Protelindo Luxembourg in PNBV.