Jakarta, Indonesia - 14 December 2017

MNCN INVESTOR RELEASE

PT Media Nusantara Citra Tbk ('MNCN' or 'The Company'), has requested for 1 (one) day temporary trading suspension of the Company's shares (ticker code MNCN:JK) on 14 December 2017, due to suspicious trading activities conducted through brokerage firm Nomura Sekuritas Indonesia. The Company will apply for resumption of trading after the shares owned by parent Company PT Global Mediacom Tbk ('BMTR') have been officially blocked to avoid further suspicious shares sales.

Chairman of MNC Group, Mr Hary Tanoesoedijo commented, 'MNCN shares owned by PT Global Mediacom Tbk are deposited in Citibank custodian on behalf of Nomure PB Nominees Ltd in the amount 254,168,663 shares. There has been an allegedly embezzlement in which the shares are sold on the stock market from 7 December 2017 to 13 December 2017 through broker Nomura Sekuritas Indonesia.'

'We suspected the decline in MNCN stock price lately is caused by the sale of shares above. This case has been reported by the Company to Metro Jaya Regional Police and is currently under investigation. The suspension is only temporary until MNCN shares owned by PT Global Mediacom Tbk have been officially blocked to avoid further suspicious shares sales. We expect this process to be completed in 1 (one) day and trading activities will resume normally tomorrow.'

MNC - PT Media Nusantara Citra Tbk published this content on 14 December 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 14 December 2017 06:36:06 UTC.

Original documenthttp://www.mnc.co.id/contents/detail/en/366/mncn-investor-release-temporary-shares-trading-suspension

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