NOTES continued c. MTN Finnet

PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS UNAUDITED continued JUNE 30, 2009 AND 2010 SIX MONTHS PERIOD ENDED JUNE 30, 2009 AND 2010 Figures in tables are presented in millions of Rupiah, unless otherwise stated 60

23. BANK LOANS continued

a. Korea Eximbank On August 27, 2003, the Company entered into a loan agreement with Korea Eximbank for a loan facility of US124 million, to finance the Code Division Multiple Access “CDMA” procurement from the Samsung Consortium. The facility bears interest, commitment and other fees totaling 5.68 per annum. The loan is unsecured and payable in 10 semi-annual installments on June 30 and December 30 of each year beginning in December 2006. b. Bank Mandiri i On June 15, 2007, Telkomsel signed a medium-term facility loan agreement with Bank Mandiri of Rp.500,000 million. This facility is payable in 5 equal semi-annual installments commencing 6 months after the end of the availability period. The loan bears a floating interest rate of three-month Jakarta Interbank Offered Rate “JIBOR” plus 1.25 per annum which becomes due quarterly in arrears and is unsecured. On July 24, 2007, the loan agreement was amended with addition of total facilities provided amounted to Rp.200,000 million. The principal outstanding as of June 30, 2009 amounted to Rp.280,000 million and on January 30, 2010, the loan was fully repaid. ii On October 24, 2007, Telkomsel signed a medium-term facility loan agreement with Bank Mandiri of Rp.750,000 million. This facility is payable in 5 equal semi-annual installments commencing 6 months after the end of the availability period. The loan bears a floating interest rate of three-month JIBOR plus 1.17 per annum which becomes due quarterly in arrears and is unsecured. The principal outstanding as of June 30, 2009 amounted to Rp.300,000 million and on April 30, 2010, the loan was fully repaid. iii On December 23, 2008, Telkomsel signed a medium-term facility loan agreement with Bank Mandiri of Rp.1,300,000 million. On December 30, 2008, Rp.1,000,000 million has been drawdown from the facility and the remaining Rp.300,000 million was drawdown by Telkomsel on January 30, 2009. This facility is payable in 5 equal semi-annual installments commencing 6 months after the end of the availability period. The loan bears a floating interest rate of one-month JIBOR plus 2.25 per annum which becomes due monthly in arrears and is unsecured. The principal outstanding as of June 30, 2009 and 2010 amounted to Rp.1,300,000 million and Rp.780,000 million, respectively. iv On July 3, 2009, Telkomsel signed a medium-term facility loan agreements with Bank Mandiri of Rp.2,000,000 million. This facility is payable in 9 equal semi-annual installments commencing 6 months after the end of the availability period. The loan bears average interest rate of three-month JIBOR plus 3.25 per annum which becomes due quarterly in arrears and is unsecured. The principal outstanding as of June 30, 2010 amounted to Rp.1,777,778 million. PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS UNAUDITED continued JUNE 30, 2009 AND 2010