Circular - Lippo Malls Indonesia Retail Trust - Investor Relations

The Manager wishes to note that certain assets of LMIR Trust which wereobtained at the time of its initial public offering were also acquired via a similarstructure.The following chart sets out the structure under which Pejaten Village will beheld by LMIR Trust upon the Proposed Completion of the Pejaten VillageAcquisition, as well as the resulting shareholding and ownership interest in theentities set out below.LMIR Trust100%Requis Investment Pte. Ltd.(Sing Co)100%Gaillard Investment Pte. Ltd.(Sing Co)75%25%PT Panca Permata PejatenPejaten Village3.3.2 Binjai SupermallBinjai Supermall is owned by TMI, a company incorporated in Indonesia on31 March 2005. The rights over part of the Binjai Supermall (the “Binjai Units”)were acquired by MPP pursuant to (i) Perjanjian Pengalihan Pengikatan JualBeli Satuan Kios/Kios Binjai Supermall dated 3 October 2005 made by andbetween MPP and PT Persada Mandiri Dunia Niaga (“PMDN”) 1 , (ii) PerjanjianPengalihan Hak Kepemilikan Satuan Kios/Kios Binjai Supermall dated3 October 2005 made by and between MPP, PMDN and TMI, and (iii) Addendumto the Transfer of Conditional Sale and Purchase Agreement dated 3 October2005 (Addendum Terhadap Perjanjian Pengalihan Pengikatan Jual Beli SatuanKios/Kios Binjai Supermall) dated 20 March 2012 made by and between MPPand PMDN.1 PMDN is the previous owner of the rights over the Binjai Units pursuant to (i) Perjanjian Pengikatan Jual Beli SatuanKios/Kios No. 015/PPJB-TMI/V/05, (ii) Kontrak Tentang Pelaksanaan Tata Tertib Gedung No. 015-A/PPJB-TMI/V/05, (iii) Perjanjian Penyerahan Hak Atas Pengaturan Dan Hak Pengelolaan Atas Dinding Bersama DariSatuan Kios/Kios Dalam Gedung No. 015-B/PPJB-TMI/V/05; each dated 9 May 2005 (collectively hereinafterreferred to as the “PMDN CSPA”), and (iv) Addendum to the PMDN CSPA dated 7 March 2012.16