Expected to Open in 2018, MNC Land and Hyatt to Bring First Park Hyatt Hotel to Indonesia

MNC Land is part of the MNC Group, which was founded in 1989 by Mr. Hary Tanoesoedibjo. The Group is one of the leading investment companies in Indonesia with three core strategic business arms, including media, financial services and property. Its media arm, MNC Media, is the largest and most integrated media company in Southeast Asia.

As one of the largest property groups in Indonesia, MNC Land acquires, develops and manages commercial and residential properties. Existing properties in its portfolio include: The Westin Convention and Resort Hotel in Nusa Dua, Bali; Pan Pacific Nirwana Bali Resort, featuring an award-winning hotel and championship golf course in Tabanan, Bali; and a minority investment in Plaza Indonesia, Jakarta, which encompasses the Grand Hyatt Hotel and Keraton Luxury Collection Hotel.

With the aim of creating the world-class communities and lifestyles of tomorrow, MNC Land also has several iconic new projects under development, such as MNC Lido City, a 3,000-ha integrated entertainment and lifestyle destination featuring Indonesia's first world-class theme park in Lido, West Java and MNC Bali Resort, a 106-ha luxury resort in Tabanan, Bali. Both of these new projects will star Trump Hotels’ premiere resorts and signature golf courses in Asia, with courses designed by Major Championship winners Ernie Els and Phil Mickelson. In addition, MNC Land is developing several hotels, residential projects, apartments and office buildings in prime areas of Jakarta and Surabaya, such as Indonesia’s first Park Hyatt Hotel in Jakarta, and One East Penthouse and Residences Collection in Surabaya, which also features Oakwood Hotel & Residences. Aside from property development, MNC Land provides property management services and other property-related services. For more information, please visit www.mncland.com

Contact: Fara Lucinda

fara.lucinda@mncgroup.com/+62 21 392 9828

Park Hyatt hotels provide discerning, affluent business and leisure guests with elegant and luxurious accommodations. Guests of Park Hyatt hotels receive highly attentive personal service in an intimate environment. Located in several of the world's premier destinations, each Park Hyatt hotel is custom designed to combine sophistication with a distinctive regional character. Park Hyatt hotels feature well-appointed guestrooms, meeting and special event spaces for groups, critically acclaimed art, food and beverage program, and signature restaurants featuring award-winning chefs. There are currently 39 Park Hyatt hotels in the following locations: Abu Dhabi, Beaver Creek, Beijing, Buenos Aires, Busan, Canberra, Changbaishan, Carlsbad, Chennai, Chicago, Dubai, Goa, Guangzhou, Hamburg, Hangzhou, Hyderabad, Istanbul, Jeddah, Maldives, Mallorca, Melbourne, Mendoza, Milan, Moscow, New York, Ningbo, Paris, Saigon, Sanya, Seoul, Shanghai, Siem Reap, Sydney, Tokyo, Toronto, Vienna, Washington, D.C., Zanzibar, Zurich. For more information, please visit www.parkhyatt.com.

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company with a portfolio of 13 premier brands. As of December 31, 2016, the Company's portfolio included 698 properties in 56 countries. The Company's purpose to care for people so they can be their best informs its business decisions and growth strategy and is intended to create value for shareholders, build relationships with guests and attract the best colleagues in the industry. The Company's subsidiaries develop, own, operate, manage, franchise, license or provide services to hotels, resorts, branded residences and vacation ownership properties, including under the Park Hyatt®, Miraval®, Grand Hyatt®, Hyatt Regency®, Hyatt®, Andaz®, Hyatt Centric®, The Unbound Collection by Hyatt™, Hyatt Place®, Hyatt House®, Hyatt Ziva™, Hyatt Zilara™ and Hyatt Residence Club® brand names and have locations on six continents. For more information, please visit www.hyatt.com.

Contact: Karen Chung

Karen.chung@hyatt.com/+852 2768 1271

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