Public offering of securities of the Company

PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of September 30, 2014 and for the Nine months Period Then Ended unaudited Figures in tables are expressed in billions of rupiah, unless otherwise stated 14

1. GENERAL continued d. Subsidiaries continued

ii Indirect subsidiaries: Percentage of Total assets Nature of business Date of ownership interest before elimination date of incorporation start of Subsidiaryplace of or acquisition by commercial September 30 December 31 September 30 December 31 incorporation the Company operations 2014 2013 2014 2013 PT Sigma Cipta Caraka Information technology 1988 100 100 2,186 1,890 “Sigma”, service - system Tangerang, Indonesia implementation and integration service, outsourcing and software license maintenance May 1,1987 PT Infomedia Nusantara Data and information 1984 100 100 1,314 1,223 “Infomedia”, service - provides Jakarta, Indonesia telecommunication information services and other information services in the form of print and electronic media and call center services September 22,1999 Telekomunikasi Telecommunication 2008 100 100 948 785 Indonesia December 6, 2007 International Pte. Ltd., Singapore PT Metra Digital Media Telecommunication 2013 100 100 859 692 “ MDM”, information services Jakarta, Indonesia January 8, 2013 Telekomunikasi Telecommunication 2012 100 100 825 803 Indonesia September 11, 2012 International “ TL” S.A., Timor Leste PT Telkom Landmark Service for property 2012 55 55 666 493 Tower “ TLT”, development and Jakarta, Indonesia management February 1, 2012 Telekomunikasi Indonesia Telecommunication 2010 100 100 208 90 International Ltd., December 8, 2010 Hong Kong PT Finnet Indonesia Banking data and 2006 60 60 184 203 “ Finnet”, Jakarta, communication Indonesia October 31, 2005 Telekomunikasi Indonesia Telecomunication 2013 100 100 174 7 Internasional Pty Ltd. January 9, 2013 Australia “Telkom Australia” PT Administrasi Medika Health insurance 2010 75 75 137 127 “ Ad Medika”, administration services Jakarta, Indonesia February 25, 2010 PT Metra Plasa Website 2012 60 60 68 86 “ Metra Plasa”, services Jakarta, Indonesia April 9, 2012 PT Metra-Net “ Metra-Net”, Multimedia portal 2009 100 100 40 40 Jakarta, Indonesia serviceApril 17, 2009 PT Graha Yasa Selaras Tourism service 2013 51 51 45 32 “ GYS” April 27, 2012 Jakarta, Indonesia PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of September 30, 2014 and for the Nine months Period Then Ended unaudited Figures in tables are expressed in billions of rupiah, unless otherwise stated 15

1. GENERAL continued d. Subsidiaries continued

ii Indirect subsidiaries: continued Percentage of Total assets Nature of business Date of ownership interest before elimination date of incorporation start of Subsidiaryplace of or acquisition by commercial September 30 December 31 September 30 December 31 incorporation the Company operations 2014 2013 2014 2013 PT Pojok Celebes Tour agentbureau 2008 51 51 8 14 Mandiri “ Pointer” services Jakarta, August 30, 2013 Indonesia PT Satelit Multimedia Commerce and 2013 99.99 99.99 6 6 Indonesia “ SMI” providing network Jakarta, Indonesia services, telecommunication satellite, and multimedia services March 25, 2013 PT Metra Digital Trade service, construction 2013 99.83 99.83 59 Investama “ MDI” leveransirsupplier, Jakarta, Indonesia services, etc. January 8, 2013 Telekomunikasi Selular Finance - established 2002 - 65 - Finance Limited to raise funds “ TSFL”, Mauritius for the development of Telkomsel’s business through the issuance of debenture stock, bonds, mortgages or any other securities April 22, 2002 PT Metra TV Pay TV 2013 99.83 99.83 - - “ Metra TV” services January 8, Jakarta, Indonesia 2013 Telekomunikasi Telecommunication 2014 100 100 89 - Indonesia December 11, 2013 International USA Inc. USA PT Nusantara Jasa pengelolaan 2014 99,99 - 13 - Sukses Sarana gedung dan hotel ”NSS” 27 Agustus 2014 Jakarta, Indonesia PT Nusantara Trade and service 2014 99,99 - 13 - Sukses Realti 27 Agustus 2014 ”NSR” Jakarta, Indonesia PT Nusantara Trade and service 2014 99,99 - 13 - Sukses Investasi 27 Agustus 2014 ”NSI” Jakarta, Indonesia On June 5, 2014, PT Metra Media “MM” changed its name to PT Metra Digital Investama “MDI” Note 1.d a Based on General Notice of Direction of Insolvency Service of Mauritus No.844 of 2014, effective March 20, 2014, TSFL was liquidated.