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Entering the Expressway Business in Indonesia
~The acquisition of shares in PT Bintaro Serpong Damai~

December 24, 2014
West Nippon Expressway Company Limited
Japan Expressway International Company Limited

On November 18, 2014, West Nippon Expressway Company Limited (NEXCO West) (Head office: Kita-ku, Osaka, President and Representative Director: Yoshinari Ishizuka) and Japan Expressway International Company Limited (JEXWAY) (Head office: Chiyoda-ku, Tokyo, President: Koji Kuroda) that was jointly established by East Nippon Expressway Company Limited, Central Nippon Expressway Company Limited, West Nippon Expressway Company Limited, Metropolitan Expressway Company Limited and Hanshin Expressway Company Limited have entered into the agreement with PT(*1) Nusantara Infrastructure Tbk. (*2) (hereinafter referred to as the "NI") for the acquisition of 4.18% (approx. 350 million JPY) of the shares in PT Bintaro Serpong Damai, the operation company for Bintaro-Serpong toll road (7.25km) in Indonesia. This is the first entering road PPP business in Indonesia as Japanese expressway companies.
*1 PT (Perseroan Terbatas) means "limited company" in Indonesian.
*2 Tbk (Terbuka) means "public company" in Indonesian.

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