Matahari Now Opens at Ujung Berung Townsquare Bandung

Bandung, 25 April 2019 – The modern retail network PT Matahari Department Store Tbk ("Matahari" or "Company"; stock code: "LPPF"), has just officially opened its fourth outlet in Bandung, located at Ujung Berung Townsquare (Ubertos). This outlet is the second outlet opened in 2019 and is the 161th physical outlet operated by Matahari throughout Indonesia.

Matahari Ubertos is the 25th outlet in the West Java provision area. Located at Jalan Raya AH Nasution No. 46-A, Kelurahan Pakemitan, Kecamatan Cinambo, this mall has a plus point because of its strategic location located at the crossing from Central Java to the city of Bandung and is very easily accessible by surrounding residents because its location is adjacent to East Bandung residential area. "This fourth opening of Matahari in Bandung is a clear evidence of Matahari always wanting to get closer to its customers. We hope that Matahari will continue to be the main destination of shopping for the people of Bandung and its surroundings. We are ready to serve our loyal customers with the latest fashion products and are committed to always provide a comfortable shopping atmosphere (“Feel Good”).”

This newly opened outlet occupies an area of 5,200 m2 and offers more than 90 selected brands. A wide range of product choices, such as fashion products for women and men, children and adults, accessories, cosmetics, household equipment, and a variety of shoes and bags collections that are available at special prices, which can help meet the needs of Matahari customers. With the concept of a classy and modern shopping atmosphere, Matahari believes its presence in Ubertos is able to provide a different shopping experience. The wide space and the use of 100% LED lighting systems that are environmentally friendly, as well as high service standards allows this new Matahari outlet to provide a new shopping experience for the surrounding community.

In this opening week, Matahari provides the best offer for its consumers by holding a free distribution of 1,000 pieces adult clothing, 1,000 pieces children's clothing and 100 pieces cosmetics. Customers that visit on the opening day can also apply for Matahari Rewards OVO (MRO) for free.

The presence of Matahari in Ujung Berung is expected to have a positive impact on local residents, especially with the employment of more than 280 people where majority are local residents from Cinambo area and Ujung Berung area. With this, job and career opportunities are opened for young workers who have not had the opportunity so far, so that it is expected to reduce unemployment in the region. That way there will also be an increase in welfare and a better quality of life for the surrounding community.

Along with the opening of its newest store, Matahari also had the opportunity to offer assistance to social foundations located in the vicinity of this outlet. Representatives of Yayasan Nurul Wasilah dan Panti Asuhan Anak Harapan Kita were present to receive a symbolic check worth 10 million Rupiah each. In addition, Matahari also distributed aid in the form of prayer equipment to representatives of Cinambo as a form of contribution from the Company to the surrounding community to welcome the holy month of Ramadan.