Stamford Law Advises on Issue of US$175 Million Senior Guaranteed Notes by Jababeka International B.V.

Jababeka International B.V., a unit of Indonesian industry-based township developer PT Kawasan Industri Jababeka Tbk., has on 26 July 2012 launched the issue of US$175 million senior guaranteed notes, to be used for (a) refinance and repay existing indebtedness under certain facility agreements; and (b) capital expenditure related to land acquisition and the development of that land.

The notes will be guaranteed by PT Kawasan Industri Jababeka Tbk. and certain subsidiaries. The notes were listed on the Bond Market of the Singapore Stock Exchange on 30 July 2012. Credit Suisse (Singapore) Limited andStandard Chartered Bank were Joint Bookrunners and Joint Lead Managers in the issuance. The notes are rated B+ by Standard and Poor’s Ratings Group and B by Fitch Ratings.

PT Kawasan Industri Jababeka Tbk. is the a leading fully integrated industry-based township developer in Indonesia, listed on the Indonesia

Stock Exchange. PT Kawasan Industri Jababeka Tbk.’s main industrial estate in Cikarang, 75 kilometers east of Jakarta, is home to many automotive and shoe manufacturers. Suzuki and Astra International both have automotive plants in industrial estates operated by PT Kawasan Industri Jababeka Tbk.

The notes were successfully listed on the Bond Market of the Singapore Stock Exchange on 30 July 2012.

Stamford Law Corporation was appointed as the Listing Agent and Singapore Legal Adviser to Jababeka International B.V., and its parent company, PT Kawasan Industri Jababeka Tbk.

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