Indonesia Market Report Asia Securities Forum Susy Meilina & Wientoro Prasetyo Chairperson of APEI (Indonesia Securities Association)

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1 Indonesia Market Report Asia Securities Forum 2016 Susy Meilina & Wientoro Prasetyo Chairperson of APEI (Indonesia Securities Association)

2 Indonesia Market Report Economic Performance Capital Market Performance Stock Market Bond Market Mutual Fund Market Regulatory/Market Developments

3 Economic Performance Indicator Oct GDP Growth Rate (% y-o-y) Export (Billion USD)* Import (Billion USD)* Surplus (Billion USD)* Exchange Rate - End Period (IDR/USD) 8,991 9,068 9,670 12,250 12,436 13,794 13,051 Forex Reserve (Million USD) Unemployment Rate (%) * Export, Import, & Surplus data as of Sept 2016

4 Stock Market Performance Description Oct-16 Trading Value (Billion USD) Average Daily Trading Value (Rp billion) 4, , , , , Composite Index ~ Close 4, , , , , Listed Issuers Market Capitalization (Billion USD)

5 MARKET CAP USD Billion 700 Singapore Indonesia Thailand Malaysia Philippines Vietnam CUMA Source: Bloomberg RISIK Oct Oct-16 JUGA 1 Japan 3, , , , , , Australia 1, , , PERLU 1, , , China 2, , , , , , Singapore Indonesia Thailand Malaysia Philippines Vietnam n.a. n.a CALL CENTER :

6 Global Indices YTD, 1 Nov 2016 CUMA RISIK JUGA PERLU OFFICIAL GATEWAY - PENERIMA HARTA REPATRIASI AMNESTI PAJAK CALL CENTER :

7 GlOBAL MARKET CAPITALIZATION 74,191 67,223 CUMA H H USD Billion Indonesia -9% 30,236 29,143-4% 27,318-15% 23,250 RISIK 16,636 14,829-11% PERLU JUGA % 409 Kapitalisasi Pasar Saham Global Amerika Asia Pasifik EMEA Global Amerika Asia Pasific EMEA H H Sumber : Statistik WFE, Laporan WFE Working Committee July 2016 FOCUS Report OFFICIAL GATEWAY - PENERIMA HARTA REPATRIASI AMNESTI PAJAK CALL CENTER :

8 Market Capitalization and Trading Value By Industry As of 21 October 2016 Market Capitalization Finance (1,438 T) 24.8% Trade, Services & Investment (61 2 T) 1 0.6% 23.6% 1 2.5% Agriculture (1 32 T) 2.3% Infrastructure, Utilities & Transportation (750 T) 1 2.9% % Trading Value 4.5% 6.1 % 6.1 % 4.3% 6.7% Mining (251 T) Basic Industry And Chemicals (388 T) Property And Real Estate (452 T) 7.8% 1 7.3% 23.8% 9.6% 7.2% 6.8% Miscellaneous Industry (396 T) Consumer Goods Industry (1,377 T)

9 Listed Companies 2010 September CUMA Domestic Foreign RISIK 7,664 4,319 3,522 2,952 2,124 1,997 1,946 1, India US Japan China UK Korea Australia 97 Hong Kong JUGA PERLU 10 Malaysia Thailand Indonesia Singapore Philippine 3 OFFICIAL GATEWAY - PENERIMA HARTA REPATRIASI AMNESTI PAJAK CALL CENTER :

10 AVERAGE DAILY TRADING VALUE USD Million 1600 Thailand Singapore Malaysia Indonesia Philippines Vietnam CUMA RISIK Jan-Oct '16 OFFICIAL GATEWAY - PENERIMA HARTA REPATRIASI AMNESTI PAJAK CALL CENTER : JUGA Jan-Oct '16 1 China 11, , , , PERLU 80, , Japan 16, , , , , , Australia 4, , , , , , Thailand , , , , Singapore 1, , , Indonesia Malaysia Philippines Vietnam n.a. n.a Source: Bloomberg

11 IPO Global World IPO CUMA 8 8 Jun-15 Jun % 5 5 RISIK PERLU JUGA 1 2 Ytd Jun Ytd Jun Bursa Malaysia Sumber : Statistik WFE, Laporan WFE Working Committee July 2016 FOCUS Report Indonesia Stock Exchange Philippine Stock Exchange Singapore Exchange* Stock Exchange of Thailand OFFICIAL GATEWAY - PENERIMA HARTA REPATRIASI AMNESTI PAJAK CALL CENTER :

12 Number of Investor and Average Daily Trade (Million USD) Average Daily Trading Number of Investor , , , , , , , , , , , , ,

13 Investors Stock Trading 42.54% 42.03% 40.58% 43.21% 37.32% Foreign 57.46% 57.97% 59.42% 56.79% 62.68% Domestic Oct-16

14 Investors Stock Ownership 58.79% 62.94% 64.49% 63.79% 64.38% Foreign 41.21% 37.06% 35.51% 36.21% 35.62% Domestic Oct-16

15 Bond Trading Activities Corporate Bond Government Bond Outstanding Daily Average Volume Transaction Outstanding Daily Average Volume Transaction Year IDR Denominated USD Denominated Volume IDR USD Denominated Denominated Freq. Year IDR Denominated USD Denominated Volume IDR USD Denominated Denominated Freq. (Million USD) (Million USD) (Million USD) (Million USD) (X) (Million USD) (Million USD) (Million USD) (Million USD) (X) , , N/A N/A , , N/A N/A , , N/A N/A , N/A , N/A N/A , N/A N/A , , , , , * 21, , N/A N/A , N/A N/A , N/A N/A , N/A N/A , N/A N/A , , , , , * 132, , ,

16 Bond Ownership Distribution September 2016 (in Trillion IDR) Corporate Bond Ownership Individual Corporate % 3.1 3% Others % Foundation % Securities Company % Others % Government Bond Ownership Mutual Fund % Pension Fund % Individual % Insurance % Mutual Fund % BI % Foreign % Financial Inst % Pension Fund % Insurance Company % Bank % Source : Indonesia Central Securities Depository (KSEI) Source : Indonesian Debt Management Office (DJPU)

17 Mutual Fund (AUM) Rph Trillion Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16

18 Mutual Fund - Asset Allocation 0.99% Sharia-Equity $0.34 B 1.41 % Sharia-Protection $0.1 3 B 0.54% ETF-Equity Sharia-Mixed $0.08 B ETF-Fixed Income 0.35% $0.24 B Mixed $1.67 B 6.97% $0.1 1 B 0.45% Sharia-Money Market $0.07 B 0.28% ETF-Index $0.01 B 0.05% Index $0.06 B 0.27% Sharia-Fixed Income $0.1 1 B 0.44% Sharia-Index $0.03 B 0.1 3% Money Market $2.33 B 9.75% Equity $8.22 B 34.39% Total Net Asset Value (NAV) 29 July 2016: USD 23.9 Billion Fixed Income $5.04 B % Capital Protection Fund $5.47 B 22.87%

19 Regulatory/Market Developments TICKER PRICE MINIMUM BROKERAGE FEE INDONESIA GMRA STRENGTHENING BROKERS S-INVEST E-VOTING TAX AMNESTY - Recognition by Regulator - Authority to Execute Continuous Education for BoD and BoC

20 5 Type of Assets Declared in the Tax Amnesty Rp trillion, per 30 September 2016 No Type of Assets On Shore Declaration Repatriati on Off Shore Declaration Total Amount Declared 1 Cash and Equiv , % CUMA 2 Marketable Securities and Investment 3 Fixed Assets (land, properties) 4 Receivables and Inventories 5 Precious Metals and other liquid assets , % RISIK % JUGA PERLU % % OFFICIAL GATEWAY - PENERIMA HARTA REPATRIASI AMNESTI PAJAK CALL CENTER :

21

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