DEPOSITS FROM OTHER BANKS - TIME DEPOSITS

PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS AT 31 DECEMBER 2010, 2009 AND 2008 Expressed in millions of Rupiah, unless otherwise stated Appendix 599 26. MARKETABLE SECURITIES ISSUED continued Bonds On 8 February 2008, PT Tunas Financindo Sarana since 20 August 2009, it has changed its name to PT Mandiri Tunas Finance, a Subsidiary since 6 February 2009, issued Tunas Financindo Sarana Bonds V Year 2008 with a nominal value of Rp600,000, where the principal amounts would be fully paid at the maturity dates of these respective series as follows: Bonds Nominal Value Fixed Interest Rate per Annum Maturity Date Series A 350,000 10.00 27 February 2009 Series B 25,000 10.50 20 February 2010 Series C 50,000 11.00 20 February 2011 Series D 175,000 11.25 20 February 2012 The Tunas Financindo Sarana Bonds V Year 2008 of Series A amounting to Rp350,000 and Series B amounting to Rp25,000 had been fully paid at their maturity dates as above. The trustee for the Tunas Financindo Sarana Bonds V Year 2008 is PT Bank Mega Tbk. On 13 February 2007, PT Tunas Financindo Sarana issued Tunas Financindo Sarana Bonds IV Year 2007 with a nominal value of Rp600,000, where the principal amounts would be fully paid at the maturity dates of these respective series as follows: Bonds Nominal Value Fixed Interest Rate per Annum Maturity Date Series A 150,000 10.00 27 February 2008 Series B 100,000 10.40 22 February 2009 Series C 350,000 11.00 22 February 2010 The Tunas Financindo Sarana Bonds IV Year 2007 of Series A amounting to Rp150,000, Series B amounting to Rp100,000 and Series C amounting to Rp350,000 had been fully paid at their maturity dates as above. Sharia Bonds On 31 January 2007, Bank Syariah Mandiri conducted a limited offering and selling of Subordinated Notes Sharia Mudharabah 2007 Subnotes Bank with maximum nominal value of Rp200,000. The Subnotes Bank has a 10 ten years tenor with a call option on the fifth year after the issuance date. The Nisbah indication for Subnotes Bank’s holder is equivalent to 21.93 per annum from profit sharing. The Subnotes Bank’s profit sharing is paid quarterly commencing from the issuance date. On 5 April 2007, Rp200,000 the Subnotes Bank has been raised for and it will mature in 2017. The trustee for the Subnotes Bank issued is PT Bank Mandiri Persero Tbk. Short-Term Notes On 6 November 2008, PT Mandiri Sekuritas, a Subsidiary, issued Short-Term Notes with a fixed interest rate of 16.00 per annum, payable monthly commencing on 30 November 2008. The Short- Term Notes had nominal value Rp37,400 and was issued at par. The Short-Term Notes had already matured on 28 February 2009 and had been fully paid. PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS AT 31 DECEMBER 2010, 2009 AND 2008 Expressed in millions of Rupiah, unless otherwise stated Appendix 5100 26. MARKETABLE SECURITIES ISSUED continued Bank Mandiri and Subsidiaries have paid the interest of the above marketable securities issued in accordance to the interest payment schedule for the period 1 January 2010 to 31 December 2010. For the period 1 January 2010 to 31 December 2010, Bank Mandiri and Subsidiaries have fulfilled covenants as stipulated in the agreements unaudited.

27. FUND BORROWINGS

2010 2009 2008 Rupiah: a The Government of the Republic of Indonesia Note 50 200,000 200,000 240,000 b PT Permodalan Nasional Madani Persero 95,056 180,031 241,974 c Bank Indonesia 27,121 135,822 214,337 f Others 910,256 610,003 710,000 Total Rupiah 1,232,433 1,125,856 1,406,311 Foreign currencies: d Direct Off-shore Loans 3,906,855 2,818,500 4,065,700 e Trade financing facilities 495,550 - 3,899,497 Total foreign currencies Note 56e 4,402,405 2,818,500 7,965,197 5,634,838 3,944,356 9,371,508 As at 31 December 2010, 2009 and 2008, fund borrowings from related parties amounted to Rp200,000, Rp200,000 and Rp240,000, respectively Note 50. a The Government of the Republic of Indonesia This account represents fund borrowings obtained from the Government of the Republic of Indonesia based on agreement No. KP-022DP32004 dated 14 May 2004 which was amended with agreement No. AMA-7KP-022DP32004 dated 15 December 2004 and letter No. S-662PB.72005 dated 13 May 2005 and amendment agreement No. AMA-30KP- 022DP32006 dated 24 August 2006 and letter No. S-3207PB2008 dated 21 April 2008, each of them is regarding Amendment of Loan Agreement between the Government of the Republic of Indonesia and PT Bank Mandiri Persero Tbk. No. KP-022DP32004 dated 14 May 2004 and the Approval of Amendment of Loan Agreement between the Government of the Republic of Indonesia and Bank Mandiri in relation to the Credit Financing for Small and Micro Businesses. This borrowing is then lent by the Bank to small and micro businesses where the procedures, arrangements and requirements of the re-lending program are outlined in the Decision Letter of Minister of Finance No. 40KMK.062003 dated 29 January 2003 regarding Credit Financing Facilities for Small and Micro Businesses and amended with Decision Letter of Minister of Finance No. 74KMK.062004 dated 20 February 2004. This facility bears interest at 3-months SBI rate which will be determined every three months on 10 March, 10 June, 10 September and 10 December based on the latest SBI auction rate. The Bank has made 5 five installment payments with the first installment paid on 10 December 2007. For the remaining outstanding balance of Rp200,000, the installment payment will start in December 2017 and will mature in December 2019.