RELATED PARTY TRANSACTIONS FS Bank Mandiri Tbk 311210 Eng Final opini

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 5139 50. RELATED PARTY TRANSACTIONS continued  Related by management or key personnel of Bank Mandiri continued Details of significant transactions with related parties as at 31 December 2010, 2009 and 2008, are as follows: 2010 2009 2008 Assets Marketable securities Note 6a - 25,000 - Loans Notes 11A.a and 11B.g 799,179 638,057 641,263 Total assets with related parties 799,179 663,057 641,263 Total consolidated assets 449,744,551 394,616,604 358,438,678 Percentage of total assets with related parties to total consolidated assets

0.18 0.17

0.18 The percentages of marketable securities and loans compared to the total consolidated assets are as follows: 2010 2009 2008 Assets Marketable securities - 0.01 - Loans 0.17 0.16 0.18 Total 0.17

0.17 0.18

Liabilities and Syirkah temporer fund Deposit from customers Conventional banking and sharia – non Syirkah temporer fund Demand deposits Note 18a, 18d 495,154 254,439 115,857 Saving deposits Note 19b 105,513 90,589 40,562 Time deposits Note 20e 1,188,078 467,683 311,649 Sharia banking Restricted investment saving deposit and unrestricted investment mudharabah saving deposit - 5,984 2,777 Unrestricted investment mudharabah time deposit 5,720 2,554 2,260 Deposit from other banks Conventional banking and sharia – Syirkah temporer fund Demand and saving deposits Note 21c - - 1,075 Fund Borrowings Note 27 200,000 200,000 240,000 Total liabilities and Syirkah temporer fund with related parties 1,994,465 1,021,249 714,180 Total consolidated liabilities and Syirkah temporer fund 407,704,515 359,318,341 327,896,740 Percentage of total liabilities and Syirkah temporer fund with related parties to total consolidated liabilities and Syirkah temporer fund 0.49

0.28 0.22

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 5140 50. RELATED PARTY TRANSACTIONS continued  Related by management or key personnel of Bank Mandiri continued Percentages of demand deposits, saving deposits, time deposits, deposits from other banks - demand and saving deposits, marketable securities issued and fund borrowings with related parties compared to the total consolidated liabilities and Syirkah temporer fund are as follows: 2010 2009 2008 Liabilities and Syirkah temporer fund Deposit from customers Conventional banking and sharia – non Syirkah temporer fund Demand deposits 0.12 0.07 0.04 Saving deposits 0.03 0.03 0.0 1 Time deposits 0.29 0.13 0.10 Sharia banking Restricted investment saving deposit and unrestricted investment mudharabah saving deposit - 0.00 0.00 Unrestricted investment mudharabah time deposit 0.00 0.00 0.00 Deposit from other bank Conventional banking and sharia – non Syirkah temporer fund Demand and Saving Deposits - - 0.00 Fund Borrowings 0.05 0.05 0.07 Total 0.49

0.28 0.22

Transactions with related parties are conducted with terms and conditions similar to those with third parties, except for loans to the Bank’s employees Note 11B.g.

51. SEGMENT INFORMATION

The Bank considers the industries or business activities as the primary reporting segment and the geographical location as the secondary segment. The business activities of the Bank and Subsidiaries and its geographical locations are as follows: Name of Company Nature of Business Geographical Location 2010 2009 2008 __ - Parent PT Bank Mandiri Persero Tbk. Commercial Banking Indonesia, Singapore, Hong Kong, Cayman Islands and Timor Leste v v v - Subsidiaries Bank Mandiri Europe Limited Commercial Banking United Kingdom v v v Mandiri International Remittance Sendirian Berhad Remittance Malaysia v v - PT Bank Sinar Harapan Bali Commercial Banking Indonesia v v v PT Bank Syariah Mandiri Sharia Banking Indonesia v v v PT Mandiri Sekuritas Securities Indonesia v v v PT Mandiri Tunas Finance MTF Financing Indonesia v v - PT AXA Mandiri Financial Services Life Insurance Indonesia v - - PT Bumi Daya Plaza and its subsidiaries Others Indonesia v v v PT Usaha Gedung Bank Dagang Negara Others Indonesia v v v Remarks: v : has become a Subsidiary - : has not become a Subsidiary 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 5141 51. SEGMENT INFORMATION continued Primary segment information for the years ended 31 December 2010: Sharia Banking Banking Securities Insurance Financing Remittances Others Elimination Consolidated Operating income 38,492,771 3,334,614 403,957 966,029 430,394 2,515 22,962 - 43,653,242 Inter-segment operating Income 475,417 - 1,606 96,539 - - - 573,562 - Operating income including inter - segment operating income 38,968,188 3,334,614 405,563 1,062,568 430,394 2,515 22,962 573,562 43,653,242 Operating expenses 25,684,181 2,769,518 261,567 752,966 336,936 7,86 8 98,186 - 29,911,222 Inter-segment operating expenses 60,005 - - - - - - 60,005 - Operating expenses including inter- segment operating expenses 25,744,186 2,769,518 261,567 752,966 336,936 7,86 8 98,186 60,005 29,911,222 Income from operations 13,224,002 565,096 143,996 309,602 93,458 5,353 75,224 513,557 13,742,020 Net income 8,887,470 418,520 103,322 229,304 70,314 5,353 28,278 513,557 9,218,298 Total assets 409,962,165 32,481,873 1,586,542 8,488,165 2,256,406 16,539 367,046 5,384,185 449,774,551 Total assets as a percentage of total consolidated assets prior to elimination 90.07

7.14 0.35

1.86 0.50

0.00 0.08

Total liabilities 367,828,319 30,461,257 797,445 7,843,918 1,888,668 502 137,701 1,253,295 407,704,515 Total liabilities as a percentage of total consolidated liabilities prior to elimination 89.94

7.45 0.20

1.92 0.46

0.00 0.03

Secondary segment information for the years ended 3 1 December 2010: Cayman Indonesia Asia West Europe Islands Elimination Consolidated Operating income 43,388,541 197,008 84,881 17,188 - 43,653,242 Inter-segment operating income 573,562 - - - 573,562 - Operating income including inter-segment operating income 43,962,103 197,008 84,881 17,188 573,562 43,653,242 Operating expenses 29,517,433 100,115 281,920 11,754 - 29,911,222 Inter-segment operating expenses 60,005 - - - 60,005 - Operating expenses including inter-segment operating expenses 29,577,438 100,115 281,920 11,754 60,005 29,911,222 Income from operations 14,384,665 96,893 197,039 28,942 513,557 13,742,020 Net income 9,894,106 63,745 197,054 28,942 513,557 9,218,298 Total asset 441,488,037 6,451,713 1,238,299 5,980,687 5,384,185 449, 774,551 Total assets as a percentage of total consolidated assets prior to elimination

96.99 1.42

0.27 1.32

Total liabilities 396,491,890 5,699,782 785,451 5,980,687 1,253,295 407,704,515 Total liabilities as a percentage of total consolidated liabilities prior to elimination

96.95 1.40

0.19 1.46

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 5142 51. SEGMENT INFORMATION continued Primary segment information for the year ended 31 December 2009: Sharia Banking Banking Securities Financing Remittances Others Elimination Consolidated Operating income 35,047,671 2,417,995 402,697 379,920 144 15,652 - 38,264,079 Inter-segment operating income 390,501 - 13,302 - - - 403,803 - Operating income including inter- segment operating income 35,438,172 2,417,995 415,999 379,920 144 15,652 403,803 38,264,079 Operating expenses 25,109,260 2,007,611 326,470 312,689 2,845 70,726 - 27,829,601 Inter-segment operating expenses 19,290 - - - - - 19,290 - Operating expenses including inter- segment operating expenses 25,089,970 2,007,611 326,470 312,689 2,845 70,726 19,290 27,829,601 Income from operations 10,348,202 410,384 89,529 67,231 2,701 55,074 423,093 10,434,478 Net income 7,137,716 290,943 46,185 65,587 2,701 40,827 423,093 7,155,464 Total assets 373,329,892 22,036,535 1,485,000 1,792,489 12,745 347,583 4,387,640 394,616,604 Total assets as a percentage of total consolidated assets prior to elimination

93.57 5.52

0.37 0.45

0.00 0.09

Total liabilities 337,421,216 20,436,075 763,508 1,465,738 2,040 130,248 900,484 359,318,341 Total liabilities as a percentage of total consolidated liabilities prior to elimination

93.67 5.67

0.21 0.41

0.00 0.04

Secondary segment information for the year ended 31 December 2009: Cayman Indonesia Asia West Europe Islands Elimination Consolidated Operating income 37,793,566 249,484 129,907 91,122 - 38,264,079 Inter-segment operating income 403,803 - - - 403,803 - Operating income including inter- segment operating income 38,197,369 249,484 129,907 91,122 403,803 38,264,079 Operating expenses 27,236,114 207,611 110,955 274,921 - 27,829,601 Inter-segment operating expenses 19,290 - - - 19,290 - Operating expenses including inter-segment operating expenses 27,216,824 207,611 110,955 274,921 19,290 27,829,601 Income from operations 10,980,545 41,873 18,952 183,799 423,093 10,434,478 Net income 7,417,957 70,291 13,273 77,036 423,093 7,155,464 Total assets 387,991,438 5,298,941 2,370,709 3,343,156 4,387,640 394,616,604 Total assets as a percentage of total consolidated assets prior to elimination

97.24 1.33

0.59 0.84

Total liabilities 347,639,545 3,920,463 1,691,391 6,967,426 900,484 359,318,341 Total liabilities as a percentage of total consolidated liabilities prior to elimination

96.51 1.09

0.47 1.93

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 5143 51. SEGMENT INFORMATION continued