CASH DIVIDENDS AND GENERAL RESERVE

PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued JUNE 30, 2012 UNAUDITED AND DECEMBER 31, 2011 AUDITED AND SIX MONTHS PERIOD ENDED JUNE 30, 2012 AND 2011 UNAUDITED Figures in tables are presented in billions of Rupiah, unless otherwise stated 75

33. PENSION AND OTHER POST-RETIREMENT BENEFITS continued a. Prepaid pension benefit costs

continued The actual return on plan assets was Rp.697 billion and Rp.1,851 billion for six months period ended June 30, 2012 and the year ended December 31, 2011, respectively. The movement of the prepaid pension benefit costs during the six months period ended June 30, 2012 and the year ended December 31, 2011, is as follows: June 30, December 31, 2012 2011 Prepaid pension benefits costs at beginning of year 990 743 Net periodic pension costs benefits less amounts charged to subsidiaries 66 62 Amounts charged to subsidiaries under contractual agreements 6 2 Employer’s contributions 94 187 Prepaid pension benefits cost at end of period 1,012 990 As of June 30, 2012 and December 31, 2011, plan assets consisted of : June 30, December 31, 2012 2011 Indonesian equity securities 27.90 22.13 Government bonds 38.68 39.67 Corporate bonds 17.95 17.37 Others 15.47 20.83 Total 100.00 100.00 Dapen plan assets also include Series B shares issued by the Company with fair value totaling Rp.188 billion and Rp.234 billion representing 1.11 and 1.41 of total assets as of June 30, 2012 and December 31, 2011 respectively, and bonds issued by the Company with fair value totaling Rp.158 billion and Rp.156 billion representing 0.93 and 0.94 of total assets as of June 30, 2012 and December 31, 2011 respectively. The actuarial valuation for the defined benefit pension plan and the other post-retirement benefits Note 33b was performed based on the measurement date as of December 31, 2011 and 2010, with reports dated March 7, 2012 and March 15, 2011 respectively, by PT Towers Watson Purbajaga “TWP”, an independent actuary in association with Towers Watson “TW”. The principal actuarial assumptions used by the independent actuary as of December 31, 2011 and 2010, are as follows: