SHARE CAPITAL AND ADDITIONAL PAID-IN CAPITAL

PT XL AXIATA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2007, 2008 AND 2009; AND 31 MARCH 2009 AND 2010 Expressed in millions of Rupiah, unless otherwise stated Page 40

16. SHARE CAPITAL AND ADDITIONAL PAID-IN CAPITAL continued

Additional Paid-in Capital continued Details movement of the additional paid-in capital are as follows: Prior to Initial Limited public public public offering offering offering I Total Additional paid-in capital - 2,712,250 2,694,200 5,406,450 Share issue costs - 44,815 48,988 93,803 Exchange rate difference due to paid-in capital 11,730 12,519 1,264 22,985 11,730 2,679,954 2,643,948 5,335,632

17. DIVIDENDS

At the Annual General Meeting of Shareholders held on 26 April 2007, the shareholders agreed to distribute a final cash dividend from the 2006 net income which amounted to Rp 67,169. The dividend distributed amounted to Rp 9.47 full amount per share. The cash dividend was fully paid on 11 June 2007. At the Annual General Meeting of Shareholders held on 4 April 2008, the shareholders agreed to distribute a final cash dividend from the 2007 net income which amounted to Rp 141,800. The dividend distributed amounted to Rp 20 full amount per share. The cash dividend was fully paid on 16 May 2008.

18. APPROPRIATED RETAINED EARNINGS

Based on the Indonesian Company Law No. 11995, which has subsequently been superseded by the Indonesian Company Law No. 402007, the Company is required to set up a statutory reserve amounting to at least 20 of the Company’s issued and paid up capital. At the Annual General Meeting of Shareholders held on 26 April 2007, 4 April 2008 and 19 March 2010 the shareholders approved an appropriation to the statutory reserve amounting to Rp 100 in each of those years, so appropriated retained earnings on 31 March 2010 was Rp 300.

19. EARNINGLOSS PER SHARE

31122007 31122008 31122009 31032009 3103 2010 Net incomeloss attributable to the shareholders 250,781 15,109 1,709,468 217,221 598,431 Weighted average number of ordinary shares outstanding 7,090,000,000 7,090,000,000 7,210,432,877 7,090,000,000 8,508,000,000 Basic earningloss per share full amount 35 2 237 31 70 Diluted earning loss per share full amount 35 2 237 31 70 As restated, refer to Note 3 PT XL AXIATA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2007, 2008 AND 2009; AND 31 MARCH 2009 AND 2010 Expressed in millions of Rupiah, unless otherwise stated Page 41

19. EARNINGLOSS PER SHARE continued

On 31 December 2007, 2008 and 2009; and 31 March 2009 and 2010, there were no dilutive potential ordinary shares that would give rise to a dilution of net incomeloss per share of the Company.

20. REVENUE

2007 2008 2009 2009 2010 1 year 1 year 1 year 3 months 3 months Cellular Telecommunications services: Voice 3,866,302 6,622,610 7,058,857 1,502,798 2,073,600 Non-voice 2,632,500 3,140,732 4,152,590 780,291 1,325,311 Monthly service charge 1,921 4,382 8,716 970 2,839 6,500,723 9,767,724 11,220,163 2,284,059 3,401,750 Cellular Interconnection services: Domestic interconnection 886,995 1,036,861 942,436 225,263 264,822 International roaming 465,305 483,468 588,111 142,811 153,103 SMS interconnection 25,894 13,802 16,435 4,066 1,266 Others 5,408 3,221 3,746 791 1,243 1,383,602 1,537,352 1,550,728 372,931 420,434 Gross cellular revenue 7,884,325 11,305,076 12,770,891 2,656,990 3,822,184 Discount 375,085 94,781 173,462 23,664 59,778 Gross cellular revenue net of discount 7,509,240 11,210,295 12,597,429 2,633,326 3,762,406 Other telecommunications services: Leased towers - 276,669 600,426 141,610 182,750 Leased lines 408,710 478,473 427,002 106,546 113,870 Internet service provider 58,779 63,910 52,288 13,164 11,751 Others 12,897 31,863 28,906 7,557 35,631 Gross revenues - other telecommunications services 480,386 850,915 1,108,622 268,877 344,002 Discount 107 3 - - - Gross revenue from other telecommunications services net of discount 480,279 850,912 1,108,622 268,877 344,002 Gross revenue net of discount 7,989,519 12,061,207 13,706,051 2,902,203 4,106,408 As restated, refer to Note 2d Refer to Note 26 for related party information.

21. INFRASTRUCTURE EXPENSES

2007 2008 2009 2009 2010 1 year 1 year 1 year 3 months 3 months Licence fee 471,835 660,377 1,145,386 262,008 344,707 Rental expense 187,886 519,121 865,718 206,837 207,387 Utilities expense 182,453 388,311 599,456 137,735 142,229 Repair and maintenance expense 234,502 302,488 450,402 124,385 120,993 Others - 118,278 28,132 8,970 17,190 1,076,676 1,988,575 3,089,094 739,935 832,506