MNC BUYBACK PROGRAM
2010 - Jakarta, 4 Jan 2010

In regard with current market condition and compliance to government regulation number. XI B 3 concerning on Buyback of Issuer’s Share or Public Company in Potentially-Crisis Market Condition, PT Media Nusantara Citra, Tbk (MNC) has accomplished 4 periods of buyback programs since October 2008 and will continue for the year  year 2010.

Buyback will be done through Indonesia Stock Exchange or other ways. Company had appointed PT Bhakti Securities (affiliated) as the securities broker. Company is planning to hold the Buyback stocks as Treasury Stocks which, based on the regulation, can be used for other purposes to be determined later.

Below are the details of buyback programs in 4 periods from 16 October 2008 until 1 January 2010.

Company assures that this buyback program will not have any effect on Company’s business operational which can be seen on company’s financial performance as of 30 Sept 2009. The Fund for buyback was coming from internal company’s fund, which in effect will reduce company’s asset and equity, each in the amount of Rp 475.64 billion, however such decrease will be offset by the potential gain in company’s stock price in the distant future.