PT Antam (Persero) Tbk

Ground Breaking Ceremony Of ANTAM Office Park Tower B By PT Menara ANTAM Sejahtera
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Jakarta, 26 April 2012 – The granting of Investment Grade by Moody's and Fitch Rating is proof of the Indonesian economy as a viable investment destination of the world. Many companies then decide to open an office in Indonesia or to expand its business in Indonesia. One of them is PT ANTAM (Persero) Tbk (ASX: ATM; IDX: ANTM; ANTAM). As a mining company that is doing business expansion actively, they are in need of an office space to accommodate the growing needs of the organization and its subsidiary.

Indonesia's economic conditions are conducive for property sector to grow. It is seen from the property market in South Jakarta, which indicates strengthened demand this quarter. Absorption rate of office space is dominated by TB Simatupang area that reaches 20,000 square meters with 96% occupancy rate, which creates impact to the office space availability in the area.

PT. Menara ANTAM Sejahtera which is the developer formed by ANTAM (25%), Dapen ANTAM (30%), PT Minerina Bhakti (25%) and HK Realtindo (20%), capture these opportunities by presenting new option to meet the needs of office space in the area of TB Simatupang which realised as ANTAM Office Park Tower B. The existence of this complex is not only to provide office space for the expansion of the ANTAM, but also to explore opportunities of the needs in the area.

ANTAM Tower B is a 16 storey height building, which stands on 3.2 hectares of land. It will have an integrated IT facilities, energy-efficient building, and grade A quality office. ANTAM Office Park’s offers several main advantages which are strategic location, easy highway access due to the short distance to the JORR toll gate with direction to Cawang. Furthermore, toll Depok - Antasari and Cinere JORR2 - Serpong will further facilitate access to ANTAM Office Park.

Totality of the available facilities such as function hall, bank, ATM center, restaurant and café, as well as clinics, are other advantages offered by ANTAM Office Park. In addition, ANTAM Office Park is equipped with sports facilities and leisure zone in the form of parks and lakes that make this office complex has green and open spaces that will provide comfort in work situations thus increasing productivity.

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