<p>Jakarta, April 16, 2012. PT Agung Podomoro Land Tbk (&ldquo;APLN&rdquo; or &ldquo;the Company&rdquo;) &ndash; (Ticker IDX: APLN) &ndash; today announced that the Company has made share purchase agreement to acquire 55% stake in PT Sumber Air Mas Pratama (SAMP) for about IDR216 billion. SAMP owns 342 hectares of land in Karawang, West Java, which will be prepared for industrial estate.</p>