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MPM Rent - Presentation One Stop Transport Innovator

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PRESENATSI MPM RENT 2014

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One Stop Transport InnovatorMPM Rent - Presentation1HistoryFounded in 1987 by the late William Soeryadjaya (who also founded Astra International ASII.JK). MPM was considered a key downstream business for Astra to ensure efficient and prompt distribution of Honda motorcycles. In addition to motorcycle distribution business in East Java, a few other motorcycle parts businesses were also added to MPM.Today MPM has progressed to become a corporation with 7 primary operating companies, projecting 2012 revenue of US$1.1 billion, and NPAT of US$44 million.

MPM was founded by William Soeryadjaya

1987

FKT was established1988We opened our first MPMMotor retail outlet

1992We acquired our initial shareholding in SAF, which was originally established in 1982

1994Mulia was established (2010) and our distribution business was transferred from MPM to Mulia

2011Jan We acquired MPMRent and MPMFinance (which was a subsidiary of MPMRent) and their subsidiaries

May MPMInsurance was established

Dec JACCS Co. Ltd. acquired shares in SAF, together with an option to acquire additional shares

2012

May We listed our shares in Indonesia Stock Exchange.

Aug MPMAuto was established. MPMAuto signed Dealer Sales and Service Agreement (DSA) with PT Nissan Motor Distributor Indonesia (NMDI)201326 years of successful journeyOver 1,300 EmployeesOver 488 Motorcycle Dealers NetworkOver 90% Motorcycle Marketshare in East JavaOver 3,200 Federal Oil CentersOver 14,000 Car Rental Fleetsold 60,632 KL lubricant oil in 2013Over 400,000 Motorcycles and 15,000 Cars FINANCEDOver 7.77 Million Motorcycles SoldSPREAD ACROSS THE NATIONDistribution & RetailMPM Rent - Presentation

Distribution & RetailConsumer Auto PartsAuto ServicesFinancialServicesMSO/Motorcycle sales operation: retail dealerships operator for Honda motorcycles with 33 total outlets (as of October 2012) spread across seven provinces Mulia/Motorcycle distr: exclusive master distributor for Honda motorcycles with ~67% market share in East Java (EJ) and East Nusa Tenggara (NTT) provinces (combines, 2nd largest motorcycle market in Indonesia) FKT/Lubricant producer and distribution: Top-2 producer and marketer of motorcycle lubricant oil under Federal Oil brand MPMR/Transportation solution: Top-3 car rental company with exceptional growth and loyal customers, fleet size of ~8,000 cars SAF: focus on new and used motorcycle financing and re-financingMPMF: fast growing multi finance with focus on new & used car financing and financial lease MPMI: newly established general insurance company with focus on auto-related and logistics business

MPMA: MPMAuto was appointed tobecome a second national dealer by Nissan Motor Indonesia on August 23rd,2013, The business is sales and after sales service of both Nissan & Datsun brand vehicles throughout Indonesia.MPM Today: Holding Company with 7 Operating Subsidiaries

MPM Rent - Presentation3Saratoga Capital (the Firm) was founded in 1998 by Edwin Soeryadjaya and Sandiaga Uno. The Firm was initially set up to manage the Founders' capital as well as funds raised through an informal network of private investorsOver a 10-year period, the Firm originated and executed over a dozen investments, constituting collectively the Fund I track record which has generated a gross multiple of over 6.0x invested capitalThe Firms first institutional fund, Saratoga Asia II (Fund II), closed on $150 million in February 20091998200220062010Edwin Soeryadjaya and Sandiaga Uno founded the Saratoga Capital Group (the Group)Edwin Soeryadjaya first started making control and significant minority investments in the mid 1990s In Feb 2009, Saratoga held a final close on Saratoga Asia II, the Firms first institutional fund; notable institutional LPs include IFC, CDC and Morgan Stanley

GlobalKalimantanMakmur

Saratoga Asia IIFund I1

Sumalindo

2011Note:1 Subsequent to the establishment omf Saratoga Asia II, the following investments were made by the Saratoga Capital Group outside of Saratoga Asia II and in accordance with the funds Limited Partnership Agreement: Lintas Marga Sedaya (2007), Agro Maju Raya (2009), Etika Karya Usaha (2010), and MPM (2010). Please refer to page 4 for additional detail.

Evolution of Saratoga CapitalMPM Rent - PresentationMissionTo provide high quality and friendly transportation products and services that make our customers happy

VisionBecome a friendly household name through resourceful and passionate people led by respectable and humble leaders Our Beliefs

Core Values Passion for Excellence Continuous Improvement Adaptability Gratefulness Humble Respect IntegrityTeamworkPT. MITRA PINASTHIKA MUSTIKA (MPM) as MPMRent share holders has been established since 1987One of Indonesias leading automotive group that includes motorcycle distribution (Honda), lubricants (Federal Oil), spare parts, motorcycle dealerships and multi finance. MPM was founded by the late William Soeryadjaya, who was also the founder of PT. Astra International, Tbk., and 50% owned by his Son, Edwin Soeryadjaya investment vehicle, PT. Saratoga Investama Sedaya, and PT. Rasi Unggul Bestari which is owned by former senior management of Astra.

The ProfileMPM Rent - PresentationAbout our Metamorphosis

PT. AUSTINDO NUSANTARA JAYA (ANJ)Established in 1985,The holding company of the Austindo Group, has core businesses in financial services, oil palm, and healthcare services. The group also has various minority investment in businesses. ANJ is a private Indonesian company, wholy owned by the Tahija Family.

January 2012

MPM Rent - Presentation

REGULAR SERVICESSTNK & KIRComprehensive All Risk , PA and TPL insuranceWorkshop General RepairsSpare Parts usage Tire replacement per 30,000 km Replacement cars (No Limit)24 hour Emergency Service in Japanese, English, IndonesianMobile Service Van (Storing Van)24 hours 7 days a week Contact CentreCar Towing Facility VALUE ADDED SERVICESCar Pooling with Exclusive Dispatcher Driver ManagementMobile CoordinatorPetty Cash ManagementCar Ownership Program Fleet Management SystemMPM OtoMPM AuctionWhy us?Flexibility in meeting your needsMPM Rent - PresentationThe TombstonesOur Head office of 8,864 m2 in BSD Central Business District Tangerang features:Comprehensive training facilitiesService and Body Repair baysVehicle retail showroomMarketing and Administration Office

Double digit growth of the last 3 years has shown key management commitment in corporate car rental industry 1000 Customers

16,000 units Fleet

3700 drivers

522Coverage Area

MPM Rent - Presentation8The Expansion

MPM Rent - Presentation

*

* Efective by Sept. 2012

BankingThe CustomersMPM Rent - Presentation

Financial & InsurancePharmaceuticalThe Customers

MPM Rent - Presentation

Consumer GoodDistribution & TransportationThe CustomersMPM Rent - Presentation

KBM

Mining & PlantationOthersThe CustomersMPM Rent - Presentation13Our New One Stop Service under one roof facility

MPM Rent - Presentation14Latar Belakang Sewa KendaraanStrategi KeuanganKonsentrasi Pada BisnisUtamaBiaya ModalKontrol BiayaManajemen AsetOperasional MemuaskanPenanganan AdministrasiTransportasiMenyewaMPM Rent - Presentation1516Standar Kendaraan MPM Rent

Standar KendaraanMesin PrimaMenarikNyamanAmanJadwal PerawatanStandar PerawatanPerawatan berkala Body Repair Jaringan bengkel yang luas Service CarMekanik yang ahli dan terlatihProsedur sederhanaData kendaraan yang akuratLayanan 24 jamKENDARAAN HANDALmelaluiMPM Rent - Presentation16Produk Jasa Yang DitawarkanSEWA HARIANJUAL DAN SEWAKAN KEMBALISEWA BULANANPENGAMBILALIHAN UNIT DAN PENGEMUDIKebutuhanPelangganTRANSPORTATION MANAGEMENT SYSTEM(TMS)MPM Rent - Presentation1718Biar MPM Rent Yang Menangani Kebutuhan dan Kerepotan Pengelolaan Kendaraan Anda

PelangganBengkel Perawatan

Bank

Dealer Mobil

Administrasi Dokumen

Asuransi

Penjualan Mobil Bekas

Mobil PenggantiPelayanan Siaga 24 Jam

MPM Rent - Presentation18 INVESTASI Total Unit 1 unit OTR ( unit Innova G MT 2014 ) 267.700.000 Overhead 20.000.000 /unit/year Interest 14% /year Depresiasi 15% /year Insurance 3,50% /year STNK/TAX 1,50% /year Maintenance 10.000.000 /year/unit Investasi Cost Cost of year Acuisision Value 267.700.000 Insurance 9.369.500 Overhead 20.000.000 Interest 37.478.000 STNK/TAX 4.015.500 Depresiasi 40.155.000 Maintenance 10.000.000 OPEX 121.018.000OPEX 3 Years 363.054.000Cost Total 242.589.000Disposal Value 120.465.000Comparison Operation Lease vs AssetASSETMPM Rent - Presentation19Comparison Operation Lease vs AssetOperation Lease Operation Lease / Rent Rent Price for 3 years innova G MT 2014 7.500.000 /unit/month Quantity of Unit 1 unit SEWA Cost Of Year Rental Cost 90.000.000 OPEX 1 Year 90.000.000 OPEX 3 Years 270.000.000 MPM Rent - Presentation20Advantage Operation LeaseRENTALASSETsubstitution car if vehicle of accident or in repair.There if there which is idle .not be hit Income Tax of PPH 21 because system rent hit Income Tax of PPH 21 accuracy in compilation of budget because all expenses it as Cost fixed.Difficulty in co mpilation of budget because expense which always variable because many unforeseen expenses ( Cost hidden ).Budget for Car Puchase is very easy and cheapBudget which in requiring for big enough Inventories, properly earn it for something else or possibly earn Cash Flow company .Thrift of energy and time because all Cost administration handling by MPM RentHandling time require employees special time so that difficult to more productive activity .Vehicle earn easy to Up grade or Down GradenoneAvoiding Risk loss of sale of ex- Car because all car problems have it to MPM RentnoneFree Towing Service available if the vehicle of accident or walk out more good Return Investment on .noneMPM Rent - Presentation21THANK YOUMPM Rent - Presentation