TELECOMMUNICATIONS SERVICE TARIFFS AR TELKOM 2015 ENG.

PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2015 and for the Year Then Ended Figures in tables are expressed in billions of Rupiah, unless otherwise stated

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39. SIGNIFICANT COMMITMENTS AND AGREEMENTS continued

a. Capital expenditures continued ii Telkomsel Contracting parties Initial date of agreement Significant provisions of the agreement Telkomsel, PT Ericsson Indonesia, Ericsson AB, PT Nokia Siemens Networks, NSN Oy and Nokia Siemens Network GmbH Co. KG April 17, 2008 The combined 2G and 3G CS Core Network Rollout Agreements Telkomsel, PT Ericsson Indonesia and PT Nokia Siemens Networks April 17, 2008 Technical Service Agreement TSA for combined 2G and 3G CS Core Network Telkomsel, PT Ericsson Indonesia, Ericsson AB, PT Nokia Siemens Networks, NSN Oy, Huawei International Pte. Ltd., PT Huawei and PT ZTE Indonesia March and June 2009 2G BSS and 3G UTRAN Rollout agreement for the provision of 2G GSM BSS and 3G UMTS Radio Access Network Telkomsel, PT Packet Systems Indonesia and PT Huawei February 3, 2010 Maintenance and procurement of equipment and related service agreement for Next Generation Convergence IP RAN Rollout and Technical Support Telkomsel, PT Dimension Data Indonesia and PT Huawei February 3, 2010 Maintenance and procurement of equipment and related service agreement for Next Generation Convergence Core Transport Rollout and Technical Support Telkomsel, Amdocs Software Solutions Limited Liability Company and PT Application Solutions February 8, 2010 Online Charging System PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2015 and for the Year Then Ended Figures in tables are expressed in billions of Rupiah, unless otherwise stated 119

39. SIGNIFICANT COMMITMENTS AND AGREEMENTS continued b. Borrowings and other credit facilities

i As of December 31, 2015, the Company has bank guarantee facilities for tender bond, performance bond, maintenance bond, deposit guarantee and advance payment bond for various projects of the Company, as follows: Facility utilized Original Total currency Rupiah Lenders facility Maturity Currency in millions equivalent BRI 350 March 14, 2016 Rp - 79 US 1 BNI 250 March 31, 2016 Rp - 58 US 1 Bank Mandiri 300 December 23, 2016 Rp - 225 US Total 900 364 ii Telkomsel has US3 million bond and bank guarantee and standby letter of credit facilities with SCB, Jakarta. The facilities expire on July 31, 2016. Under these facilities, as of December 31, 2015, Telkomsel has issued a bank guarantee of Rp20 billion equivalent to US1.4 million for a 3G performance bond Note 39c.i. The bank guarantee is valid until March 24, 2016. Telkomsel has a Rp500 billion bank guarantee facility with BRI. The facility will expire on March 25, 2016. Under this facility, as of December 31, 2015, Telkomsel has issued a bank guarantee of Rp317 billion equivalent to US22 million as payment commitment guarantee for annual right of usage fee valid until March 31, 2016 and Rp20 billion equivalent to US1.4 million for a 3G performance guarantee. Telkomsel has a Rp150 billion bank guarantee facility with BCA. The facility will expire on April 15, 2016. Telkomsel has also a Rp100 billion bank guarantee facility with BNI. The facility will expire on December 11, 2016. Telkomsel uses this facility to replace the time deposit required as guaranty for the USO program amounting to Rp53 billion Note 39c.iv. iii TII has a US15 million bank guarantee from Bank Mandiri. The facility expires on December 18, 2016. The outstanding bank guarantee facility as of December 31, 2015 amounting to US11 million.

c. Others

i 3G license With reference to the Decision Letters No. 07PERM.KOMINFO22006, No. 268KEPM.KOMINFO92009 and No. 191 year 2013 of the MoCI Note 2i, Telkomsel is required, among other things, to: 1. Pay an annual BHP fee which is calculated based on a certain formula over the license term 10 years as set forth in the Decision Letters. The BHP is payable upon receipt of the notification letter