Borrowings and other credit facilities Others

PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued DECEMBER 31, 2010 AUDITED AND MARCH 31, 2011 UNAUDITED AND THREE MONTHS PERIOD ENDED MARCH 31, 2010 AND 2011 UNAUDITED Figures in tables are presented in millions of Rupiah, unless otherwise stated 120

48. COMMITMENTS

continued

c. Others

continued iii N x K x I x C X B Radio Frequency Usage Based on the Decree No. 76 dated December 15, 2010 of Government of the Republic of Indonesia, which amended Decree No. 7 dated January 16, 2009, the annual frequency usage fees with a bandwidth of 800 MHz, 900 MHz and 1800 MHz are determined using the following formula: N = normalizing factor using consumer price index, subject to change depending on the Government’s non-tax revenue target K = adjusting factor based on economic value of the frequency bandwidth I = reserved price C = population of the citizens in thousands B = bandwidth The fee within 5 years is determined by the following formula: Year Formula 1 Y 1 = X + {20 x ∆ – Z} 2 Y 2 = X + 40 x ∆ 3 Y 3 = X + 60 x ∆ 4 Y 4 = X + 80 x ∆ 5 Y 5 = X + 100 x ∆ Notes : Yn = frequency usage fee for each year X = frequency usage fee for the period January 1, 2009 up to December 31, 2009 ∆ = N x K x I x C x B - X Z = remaining annual frequency fee based on previous regulation as of December 15, 2010 As an implementation of the above decree, on December 15, 2010, in a Decision letter No. 456AKEPM.KOMINFO122010, the MoCI determined that the first year Y 1 annual frequency usage fee of Telkomsel with licenses in 900 MHz band and 1800 MHz band is Rp.716 billion. The fee was paid on December 30, 2010. Based on the same Decision Letter above and a Decision letter No. 5039TDJPT.4KOMINFO122010 dated December 16, 2010, the MoCI determined that the first year Y 1 annual frequency usage fee of the Company with licenses in 800 MHz band is Rp.51.7 billion. The fee was paid on December 27, 2010 Notes : PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued DECEMBER 31, 2010 AUDITED AND MARCH 31, 2011 UNAUDITED AND THREE MONTHS PERIOD ENDED MARCH 31, 2010 AND 2011 UNAUDITED Figures in tables are presented in millions of Rupiah, unless otherwise stated 121

48. COMMITMENTS