Direct Ownership 20 to 50 AR Telkom 2011 English Lowrest

C. Direct Ownership less than 20

PT Batam Bintan Telekomunikasi “BBT” BBT was founded on June 15, 1996 and provides fixed line telecommunications services for Batamindo Industrial Park in Batam and Bintan Beach International Resort and Bintan Industrial Park on Bintan Island. Telkom owns 5 of BBT’s shares. PT Pembangunan Telekomunikasi Indonesia “Bangtelindo” Established on December 24, 1993, Bangtelindo provides telecommunications facilities construction and maintenance services. Bangtelindo’s shares are owned 2.11 by Telkom.

D. Indirect Ownership

PT Metranet “Metra-Net” PT Metranet was established on April 17, 2009, and provides multimedia portal services. Metra-Net’s shares are 100 owned by Metra. PT Sigma Cipta Caraka “Sigma” Sigma was established on May 1, 1987, and provides IT Solution services. Telkom now owns 100 of Sigma’s shares since Metra acquired 20 ownership of Sigma in August 2010. PT Telekomunikasi Indonesia International Pte Ltd PT Telekomunikasi Indonesia International Pte Ltd was established as a subsidiary of Telin on December 6, 2007, pursuant to the laws of Singapore. In addition, Telin owned fully 100 shares of PT Telekomunikasi Indonesia International Pte Ltd. Its range of telecommunication services includes but is not limited to internet-based voice and data services, managed data services, call backcall re- origination, pre-paid calling card services and the resale of leased circuit services. PT Telkomsel Finance B.V “TFBV” TFBV was established in Amsterdam Netherlands on February, 2005, for the purpose of borrowing, lending and raising funds, including the issuance of bonds, promissory notes and other securities or documentary debt instruments. Telkom owns 65 shares of TFBV through Telkomsel. PT Telekomunikasi Indonesia International Hong Kong Ltd Telekomunikasi Indonesia International Hong Kong Limited was established in Hong Kong on December 8, 2010 and has obtained Unified Carrier License “UCL” on March 1, 2011 for providing public telecommunications network service, establishing and maintaining telecommunications network, and possessing and using radio communications installation to provide services. Telkom owns 100 shares of Telin Hong Kong through Telin. PT Administrasi Medika “Admedika” Admedika, established on February 25, 2010, handles online claims between hospitals and health insurance providers. Telkom owns a 75 stake in Admedika through Metra. PT Balebat Dedikasi Prima “Balebat” Balebat was acquired on October 1, 2003, and operates in printing service. Telkom holds a 65 stake in Balebat through Infomedia. Telekomunikasi Selular Finance Limited “TSFL” TSFL was established as a subsidiary of Telkomsel in April 22, 2002 and operates in the investment and financial sector. Telkom owns 65 shares of TSFL through Telkomsel. PT Finnet Indonesia “Finnet” Finnet was established on October 31, 2005, as a provider of IT infrastructure, applications and content for information systems and financial transactions for the banking and financial services industry. Metra holds 60 of Finnet’s shares. PT Melon Indonesia “Melon” Melon is a joint venture company, established on August 16, 2010 by Metra and South Korea Telecom, which own stakes of 51 and 49 respectively. This company, which grew out of Telkom’s expansion into the Media Edutainment business, provides digital music and related content services for cell phones, personal computers, consumer electronic channels and other digital media. Scicom “MSC” Bhd Established in 1997, Scicom is a contact centre provider based in Malaysia. Telkom owns a 29.71 stake in Scicom through Telin, making it the majority shareholder. PT Telkom Indonesia, Tbk. 2011 Annual Report Moving Forward Beyond Telecommunications TELKOM PATRAKOM 40 PSN 22.38 CSM 25 BANGTELINDO 2.11 BBT 5 BALEBAT 65 METRANET 100 ADMEDIKA 75 SIGMA 100 MELON 51 FINNET 60 GOVERMENT 53.24 PUBLIC 46.76 TSFL TFBV 100 INDIRECT OWNERSHIP DIRECT OWNERSHIP LESS THAN 20 DIRECT OWNERSHIP MORE THAN 50 INFOMEDIA TELKOM VISION Telin HONGKONG Telin SINGAPORE 100 100 SCICOM 29,71 100 DIRECT OWNERSHIP BETWEEN 20-50 telkom’s subsidiaries chart 51 owned by Telkom and 49 owned by Metra 99.54 owned by Telkom and 0.46 owned by Metra