BANK LOANS continued DEFERRED CONSIDERATION FOR BUSINESS COMBINATIONS

PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS UNAUDITED continued JUNE 30, 2009 AND 2010, AND SIX MONTHS PERIOD ENDED JUNE 30, 2009 AND 2010 Figures in tables are presented in millions of Rupiah, unless otherwise stated 70

25. MINORITY INTEREST 2009

2010 Minority interest in net assets of subsidiaries: Telkomsel 8,424,732 9,702,674 Metra 63,594 37,617 Infomedia 7,190 7,194 Total 8,495,516 9,747,485 2009 2010 Minority interest in net income of subsidiaries: Telkomsel 2,161,935 2,058,193 Metra 4,030 1,231 Infomedia 36,702 322 Total 2,202,667 2,059,746

26. CAPITAL STOCK

2009 Number of Percentage Total Description shares of ownership paid-up capital Series A Dwiwarna share Government 1 - - Series B shares Government 10,320,470,711 52.47 2,580,118 JPMCB US Resident Norbax Inc. 1,061,678,100 5.40 265,420 The Bank of New York Mellon Corporation 1,925,020,496 9.78 481,255 Directors Note 1b: Ermady Dahlan 17,604 - 4 Indra Utoyo 5,508 - 1 Public individually less than 5 6,362,232,360 32.35 1,590,558 Total 19,669,424,780 100.00 4,917,356 Treasury stock Note 27 490,574,500 - 122,644 Total 20,159,999,280 100.00 5,040,000 PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS UNAUDITED continued JUNE 30, 2009 AND 2010, AND SIX MONTHS PERIOD ENDED JUNE 30, 2009 AND 2010 Figures in tables are presented in millions of Rupiah, unless otherwise stated 71

26. CAPITAL STOCK continued

2010 Number of Percentage Total Description shares of ownership paid-up capital Series A Dwiwarna share Government 1 - - Series B shares Government 10,320,470,711 52.47 2,580,118 The Bank of New York Mellon Corporation 1,920,127,496 9.76 480,032 Directors Note 1b: Ermady Dahlan 17,604 - 4 Indra Utoyo 5,508 - 1 Public individually less than 5 7,428,803,460 37.77 1,857,201 Total 19,669,424,780 100.00 4,917,356 Treasury stock Note 28 490,574,500 - 122,644 Total 20,159,999,280 100.00 5,040,000 The Company only issued 1 Series A Dwiwarna share which is held by the Government and cannot be transferred to any party, and has a veto in the General Meeting of Stockholders of the Company with respect to election and removal of the Board of Commissioners and Directors, issuance of new shares and to amend the Company’s Articles of Association. Series B shares give the same and equal rights to all the Series B stockholders. 27. ADDITIONAL PAID-IN CAPITAL 2009 2010 Proceeds from sale of 933,333,000 shares in excess of par value through IPO in 1995 1,446,666 1,446,666 Capitalization into 746,666,640 Series B shares in 1999 373,333 373,333 Total 1,073,333 1,073,333

28. TREASURY STOCK

The Company had repurchased the Series B shares phase I, II and III based on the AGM of Stockholders of the Company Note 1c and on the potential crisis market condition based on BAPEPAM-LK Regulation No. XI.B.3 Attachment to the Decision of the Chairman of BAPEPAM-LK No. Kep-401BL2008 dated October 9, 2008.