DEPOSITS FROM OTHER BANKS - TIME DEPOSITS

PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Years Ended December 31, 2008 and 2007 Expressed in millions of Rupiah, unless otherwise stated 77

22. SECURITIES SOLD WITH AGREEMENTS TO REPURCHASE

As of December 31, 2008, securities sold with agreements to repurchase are as follows: Securities Nominal Value Commen- cement Date Maturity Date Repurchase Value Unamortized Prepaid Interest Expense Net Value Government Bonds Rupiah Bonds VR0019 355,652 05182005 05182010 316,356 - 316,356 Bonds FR0019 231,028 11032004 11032009 285,060 - 285,060 Bonds VR0017 289,859 11042004 11042009 284,062 - 284,062 Total 876,539 885,478 - 885,478 Non Government Bonds Rupiah Bonds 50,000 09052008 03042009 50,997 350 50,647 ORI 004 26,000 09222008 01222009 24,076 189 23,887 ORI 004 11,000 09232008 01232009 10,602 83 10,519 Bonds 7,000 12092008 02022009 6,335 9 6,326 Bonds 5,000 12092008 02022009 5,102 66 5,036 Total 99,000 97,112 697 96,415 Total 975,539 982,590 697 981,893 As of December 31, 2007, securities sold with agreements to repurchase were as follows: Securities Nominal Value Commen- cement Date Maturity Date Repurchase Value Unamortized Prepaid Interest Expense Net Value Government Bonds Rupiah Bonds VR0013 617,500 06072005 01072008 617,500 - 617,500 Bonds VR0031 669,000 12192007 01032008 602,746 259 602,487 Bonds VR0031 446,000 12192007 01032008 401,829 172 401,657 Bonds VR0019 355,652 05182005 05182010 316,356 - 316,356 Bonds FR0040, FR0043 and FR0047 283,000 12282007 01282008 297,527 34 297,493 Bonds FR0019 231,028 11032004 11032009 285,060 - 285,060 Bonds VR0017 289,859 11042004 11042009 284,062 - 284,062 Bonds FR0020, FR0027, and FR0033 100,000 12282007 01112008 110,021 293 109,728 Total 2,992,039 2,915,101 758 2,914,343 The agreements to repurchase Government Bonds with counterparty banks serial numbers VR0013, VR0017, FR0019 and serial numbers VR0019 are associated with cross currency swap transactions with the respective counterparties. There is no premium or discount on these contracts.

23. ACCEPTANCES PAYABLE

a. By Currency, Related Parties and Third Parties: 2008 2007 Rupiah: Payable to other banks Third parties 85,168 74,688 Payable to debtors Third parties 8,783 118,195 Total Rupiah 93,951 192,883 PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Years Ended December 31, 2008 and 2007 Expressed in millions of Rupiah, unless otherwise stated 78

23. ACCEPTANCES PAYABLE continued

a. By Currency, Related Parties and Third Parties continued: 2008 2007 Foreign Currency: Payable to other banks Third parties 3,670,093 4,338,877 Payable to debtors Third parties 78,323 491,475 Total Foreign Currency 3,748,416 4,830,352 3,842,367 5,023,235 b. By Maturity: 2008 2007 Rupiah: Less than 1 month 89,063 104,358 1 - 3 months 411 81,246 3 - 6 months 4,477 7,279 Total Rupiah 93,951 192,883 Foreign Currency: Less than 1 month 3,721,136 1,425,862 1 - 3 months 16,996 2,000,819 3 - 6 months 5,638 1,021,231 6 - 12 months 4,646 382,440 Total Foreign Currency 3,748,416 4,830,352 3,842,367 5,023,235 24. SECURITIES ISSUED By Type and Currency: 2008 2007 Rupiah: Mandiri travelers’ cheques 778,639 957,107 Syariah bonds 200,000 375,000 Short term securities 37,400 - Others 564 564 Total Rupiah 1,016,603 1,332,671 Foreign Currency: Medium-Term Notes MTN - 2,718,796 Total Foreign Currency - 2,718,796 Total 1,016,603 4,051,467 Less: Unamortized discount - 903 1,016,603 4,050,564