| For the Financial Year Ended | 31/12/2008 |
| Footnotes | Pursuant to Rule 704(11) of the Listing Manual of the Singapore Exchange Securities Trading Limited, Lippo-Mapletree Indonesia Retail Trust Management Ltd. (the "Company"), being the manager of Lippo-Mapletree Indonesia Retail Trust, confirms that there is no person occupying a managerial position in the Company or in any of its principal subsidiaries who is a relative of a director, chief executive officer or substantial shareholder of the Company. UBS is the sole financial adviser to the Offering. UBS, BNP Paribas Capital (Singapore) Ltd. and Oversea-Chinese Banking Corporation Limited are the joint lead managers, issue managers and underwriters. PT. Ciptadana Capital is the sole financial adviser to the sponsor of LMIR Trust, PT. Lippo Karawaci Tbk. |