QUARTERLY UPDATE 1H2016

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TICKERS IDX JSMR Reuters JSMR.JK Bloomberg JSMR.IJ Shares in issue 6,800.0mn Major Shareholders Government of Indonesia 70% Public 30%

FINANCIAL PERFORMANCE IMPROVES SIGNIFICANTLY Jakarta, September 2016 – PT Jasa Marga (Persero) Tbk. has announced its audited consolidated financial statements for the first semester of 2016. Net income increased by 43.9% compared to that of last year and 22.4% above plan. Revenue Toll and Other Operating Revenues increased significantly by 15.8%. At the consolidated level, Toll Revenues as of the first semester of 2016 reached Rp 3.87 trillion, a 13.7% increase compared to that of the same period last year. The rise in Toll Revenues was generally caused by the increase of traffic and tariff adjustment in November 2015. EBITDA Amidst the completion of its investment activities on new toll road sections, Jasa Marga still succeeded in maintaining EBITDA of the first semester of 2016 at Rp 2.46 trillion, an increase of 22.2% compared to that of the same period last year and 6.35% above plan. Meanwhile, EBITDA Margin reaching 58.5%, higher than that of the same period in the previous year of 55.4%. Net Income Net Income reached Rp 925.5 billion representing an increase of 43.9% compared to that of last year and 22.4% above plan. In addition, Net Income Margin increased by 4.2% from 17.6% to 21.9%. Traffic Volume In total, Traffic Volume reached 704.2 million transactions, showing an increase of 5.6% compared to that of the same period last year period and 1.6% above plan. The increase in Traffic Volume resulted from the increase in transaction volume of Jasa Marga’s new toll road sections operated by its Subsidiaries.

Investor Relations Department PT Jasa Marga (Persero) Tbk. Plaza Tol Taman Mini Indonesia Indah Jakarta 13550 Tel. : 62 21 841 3526/3630 Fax. : 62 21 8779 3986 e-mail : investor.relations@jasamarga.co.id Website : www.jasamarga.com

DISCLAIMER

This document contains financial conditions and results of operation, and may also contain certain projections, plans, strategies, and objectives of the Company, which would be treated as forward looking statements within the meaning of applicable law. Forward looking statements, by their nature, involve risk and uncertainty that could cause actual results and development to differ materially from those expressed or implied in these statements. JASA MARGA does not guarantee that any action, which should have been taken in reliance on this document, will bring specific results as expected.

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RIGHTS ISSUE PLAN On 12 July 2016, the Committee of Privatization has approved an equity injection of Rp 1.25 trillion to Jasa Marga in order to keep the government ownership of 70%. The rights issue process will commence on the fourth quarter, and the public will absorb about Rp 535 billion.

OPERATIONAL UPDATE System Integration In order to give easiness on transactions to toll road users, Jasa Marga has worked together with Indonesia Toll Road Authority and other toll road operators (Cikampek-Palimanan Section and Pejagan-Pemalang Section, both section are connected to Jasa Marga’s sections of Jakarta-Cikampek and Palimanan-Kanci). This integration of toll transactions system was implemented on Moslem Festival, to anticipate traffic volume reaching its maximum capacity during this period. With this integration users from Jakarta to Brebes only need to do 2 transactions, in Cikarang Utama Toll Gate and Brebes Toll Gate.***

PROJECT UPDATE 4 New Projects on the Pipeline On the First Semester of 2016, Jasa Marga and its partners have been awarded new toll road concessions by the Ministry of Public Works and Housing. The four new toll roads are

1. Semarang-Batang (75 km), investment cost Rp 11 trillion 2. Pandaan-Malang (37.62 km), investment cost Rp 5.97

trillion. 3. Balikpapan-Samarinda (99.35 km), investment cost Rp

9.97 trillion 4. Manado-Bitung (39.9 km), investment cost Rp 5.1 trillion

Currently, the projects are on land acquisition stage and expected to be completed on 2020. By getting these 4 new toll roads, the total of toll road concession rights become 1,224 km.

Note:*ExcludingConstructionRevenues

Financial Highlights 1H2016

1H2015 1H2016 1H2015 vs 1H2016

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