Announcement of the Summary of Minutes of the Extraordinary General Meeting of Shareholders.

ANNOUNCEMENT OF THE SUMMARY OF MINUTES OF THE EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS The Board of Directors of PT Alam Sutera Realty Tbk, domiciled in South Jakarta (“the Company”) hereby announces to the Shareholders of the company that based on the Extraordinary General Meeting of Shareholders (“Meeting”) that held on: Day/Date : Friday, January 15th, 2016 Time : 10.25 – 10.40 (GMT +7) Venue : Sport Center- Alam Sutera Jl. Sutera Boulevard, Serpong - Tangerang Agenda : Changes in the Composition of Management of the Company Member of Board of Directors and Board of Commissioners of the Company who attended the Meeting: Board of Directors President Director : Purbaja Pantja Vice President Director : Benny Redjo Setyono Director : Joseph Sanusi Tjong Director : RM Frangky AD Director : Lilia Setiprawarti Sukotjo Non-Affiliated Director : Andrew Charles Walker Board of Commissioners President Commissioner : Harjanto Tirtohadiguno Commissioner : Angeline Sutedja Independent Commissioner : Pingki Elka Pan