Media Nusantara Citra Tbk PT : MNCN - FINANCIAL PERFORMANCE AS OF 9M2015

Jakarta, Indonesia - 30th October 2015

Today PT Media Nusantara Citra Tbk ('MNCN' or 'the Company') reported its financial results for the first nine months of 2015 (9M2015) ending 30th September 2015.

Commenting on the results, Group President and CEO Hary Tanoesoedibjo said:

'The Company's strong fundamentals have again proven resilient to the weak economic environment and industry sentiment. We managed to book +2% ad revenue growth this quarter, outperforming the industry growth prediction by the Indonesian Advertising Company Association (P3I) of -8% for FY2015.

'MNC continues to lead overall audience share, supported by its premium drama series such as 'Preman Pensiun 2', 'Tukang Bubur Naik Haji' and '7 Manusia Harimau'. These shows brought in a strong prime-time audience share of 36.4% during 3Q2015.

'Early signs have shown Q42015 advertising trends will remain relatively flat; however we are cautiously optimistic that advertising spending will pick up from early 2016.

'The company has also completed a successful buyback in Sept 2015 as much as 63 million shares, valued of Rp126 billion. We will continue to conduct buybacks, as we have a strong conviction in the Company long-term growth prospects and ability to generate profits and cash flow. We believe this reiterates our commitment to building shareholder value as well as confidence in achieving long-term growth.'

***

For more information, please contact:

PT Media Nusantara Citra Tbk
MNC Tower, 21st floor
Jl. Kebon Sirih Kav 17-19 Jakarta 10340
Phone: [phone]
Fax : [phone]

Investor Relations:
Mr. Teddy Pun
[e-mail]

Ms. Christy Kusuma Atmaja
[e-mail]

Ms. Fauzia Prawiranata
[e-mail]