4. Proportion of Common Stock Held in Indonesia and Abroad
As of December 31, 2014, we had 42,508 common stock shareholders, including the Government. This total includes 39,971,745,785 common stock shares owned by 1,971 shareholders outside Indonesia. As of the same date, there
were 98 ADS shareholders who owned 55,381,118 ADS 1 ADS is equivalent to 200 common stock shares.
5. List of the 20 Biggest Public Shareholders
The following was our twentieth biggest of public shareholders on December 31, 2014.
No Shareholders Name
Percentage of Ownership
1 BPJS KETENAGAKERJAAN-JHT
1.07 2
BNYM SANV AS CUST OF EMPLOYEES PROVIDEN 1.06
3 BBH BOSTON SA VANGRD EMG MKTS STK INFD
0.97 4
GIC SA GOVERNMENT OF SINGAPORE 0.95
5 JPMCB-VIRTUS EMERGING MARKETS OPPORTUNIT
0.72 6
PT PRUDENTIAL LIFE ASSURANCE-REF 0.64
7 HSBC BANK PLC SA SAUDI ARABIAN MONETARY
0.58 8
BBH BOSTON SA MATTHEWS PACIFIC TIGER FU 0.52
9 RBC ISB SA VONTOBEL FUND-EMERGING MARKE
0.48 10
SSB OBIH SA ISHARES MSCI EMERGING MARKE 0.43
11 THE NORTHERN TRUST CO SA SAUDI ARABIAN
0.41 12
JPMCB-STICHTING DEPOSITARY APG EME MRKT 0.39
13 SSB 1BA9 ACF MSCI EQUITY INDEX FUND B-IN
0.39 14
JPMCB-JPMORGAN FUNDS -2157804185 0.38
15 SSB ZM47 SA INVESCO DEVELOPING MARKETS
0.35 16
JPMCB-VANGUARD TOTAL INTERNTNL STOCK IND 0.34
17 PT AIA FINL - UL EQUITY
0.32 18
HSBC BK PLC RE AGUS FUND MANAGER SA ABU 0.31
19 BNYM SANV AS CUST OF NEWTON ASIAN INCOM
0.31 20
BBH BOSTON SA MATTHEWS ASIA DIVIDEND FU 0.26
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CHRONOLOGY OF STOCK ISSUED
Date Corporate Actions
Share Ownership Composition Government of the
Republic Indonesia Public
13111995 Pre Initial Public Offering “Pre-IPO”
8,400,000,000 100.0
- -
14111995 IPO
Sale of Government’s shares 933,334,000
933,334,000 New shares issued by Telkom
- 933,333,000
Share Ownership Composition 7,466,666,000
80.0 1,866,667,000
20.0 11121996
Block Sale of Government’s shares 388,000,000
388,000,000 Share Ownership Composition
7,078,666,000 75.8
2,254,667,000 24.2
15051997 Distribution of incentive shares by the
Government to public shareholders 2,670,300
2,670,300 Share Ownership Composition
7,075,995,700 75.8
2,257,337,300 24.2
07051999 Block Sale of Government’s shares
898,000,000 898,000,000
Share Ownership Composition 6,177,995,700
66.2 3,155,337,300
33.8 02081999
Distribution of bonus shares emission every 50 shares acquire 4 shares
494,239,656 252,426,984
Share Ownership Composition 6,672,235,356
66.2 3,407,764,284
33.8 07122001
Block Sale of Government’s shares 1,200,000,000
1,200,000,000 Share Ownership Composition
5,472,235,356 54.3
4,607,764,284 45.7
16072002 Block Sale of Government’s shares
312,000,000 312,000,000
Share Ownership Composition 5,160,235,356
51.2 4,919,764,284
48.8 01102004
Stock Split 1:2 10,320,470,712
51.2 9,839,528,568
48.8 21122005
Share repurchase program I -
211,290,500 Share Ownership Composition
10,320,470,712 51.7
9,628,238,068 48.3
29062007 Share repurchase program II
- 215,000,000
Share Ownership Composition 10,320,470,712
52.3 9,413,238,068
47.7 20062008
Share repurchase program III -
64,284,000 Share Ownership Composition
10,320,470,712 52.5
9,348,954,068 47.5
19052011 Share repurchase program IV
- 520,355,960
Share Ownership Composition 10,320,470,712
53.9 8,828,598,108
46.1 14062013
Transferred a portion of Share repurchase program III to employees through ESOP
Program -
59,811,400 Share Ownership Composition
10,320,470,712 53.7
8,888,409,508 46.3
30072013 Transferred share repurchase program I by
private placement -
- 211,290,500
- Share Ownership Composition
10,320,470,712 53.1 9,099,700,008
46.9 02092013
Stock Split 1:5 51,602,353,560
53.1 45,498,500,040 46.9
13062014 Transferred share repurchase program I by
private placement -
- 1,075,000,000
- Share Ownership Composition
51,602,353,560 52.6 46,573,500,040
47.4
1 The first share repurchase program started on December 21, 2005 the date of the Extraordinary General Meeting of Shareholders at which the program was approved and ended in June 2007.
2 The second share repurchase program started on June 29, 2007 the date of the Extraordinary General Meeting of Shareholders at which the program was approved and ended in June 2008.
3 The third share repurchase program started on June 20, 2008 the date of the Extraordinary General Meeting of Shareholders at which the program was approved and ended in December 2009.
4 The fourth share repurchase program started on May 19, 2011 the date of the Annual General Meeting of Shareholders at which the program was approved and ended in November 2012.
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FINANCIAL AND PERF
ORMANCE HIGHLIGHT
MANA GEMENT
REPOR T
PREF A
GENERAL INF
ORMA TION OF
TELK OM INDONE
SIA
MANA GEMENT’S DISCUSSION
AND ANAL Y
SIS
CORPORA TE GO
VERNANCE
SOCIAL AND ENVIRONMENT
AL
RE SPONSIBILITY
APPENDICE S
1. Employee Stock Ownership Program
The Employee Stock Ownership Program “ESOP” is an employee-owner scheme that provides our employee
with an ownership interest in our Company. At our initial public offering on November 14, 1995, a total of 116,666,475
shares were issued to 43,218 employees. On June 14, 2013, the Company transferred a portion of the treasury
As of December 31, 2012, we had repurchased 5,054,652,300 common stock shares, equivalent to 5.0
of our issued and outstanding common stock, at an aggregate repurchase price of Rp8,067 billion, excluding
broker and custodian fees. Under our repurchase program, we repurchased 591,882,500 shares in 2006, 631,820,000
shares in 2007, 1,229,170,000 shares in 2008, 1,415,427,300 shares in 2011 and 1,186,352,500 shares in 2012. In last
program, SBB IV in 2011 and 2012, we repurchased 2,601,779,800 common stock shares at an aggregate
repurchase price Rp3,803 billion.
On April 19, 2013 in accordance with the Resolution of the AGMS and regard with clause 4 letter a number 3
Bapepam-LK XI.B.2 we executed the transfer of 299,057,000 shares of Series B from Share Buyback
Phase III through Employee Stock Ownership Program. On July 30, 2013, we sold 1,056,452,500 shares which
are part of Share Buyback Phase I by private placement. The selling price was Rp2,280 per share, which is not
lower than Rp1,731 per share which is the average repurchase price of treasury stock, Rp2,258 per share
which is the average closing price for the last 90 ninety days before the sale, and Rp2,280per share, which is
the closing price on the day before the selling date.
On June 13, 2014, we sold 1,075.000,000 shares which are part of Share Buyback Phase II by private placement.
The selling price after stock split was Rp2,405 per share, which is not lower than Rp1,832 per share which is the
average repurchase price of treasury stock, Rp2,330 per share which is the average closing price for the last 90
ninety days before the sale, and Rp2,405 per share, which is the closing price on the day before the selling
date. stock to its employees as part of the 2012 annual incentives.
The 59,811,400 equal to 299,057,000 shares after stock split reasury stock transferred to 24.993 employees
which had a total fair value of Rp661 billion. As of December 31, 2014, 139,140,110 of our shares were owned
by 16,805 of our employees and our retirees. In 2014, we did not conduct the ESOP.
2. Purchases of Equity Securities by The Issuer and Affiliated Purchasers
Share Buy Back
Program Accordance with
Purchase Periode
Total Number of Shares
Purchased Average
Price Paid per Share
in Rp Total Number of
Shares Purchased as
Part of Publicly Announced
Plans Maximum
Number of Shares that
May Yet Be Purchased
Under the Plans
SBB I EGMS December 21,
2005 December 21,
2006 - June 20, 2007
1,056,452,500 1,731
1,056,452,500 -
SBB II AGMS June 29,
2007 June 29, 2007
- December 28, 2008
1,075,000,000 1,832
1,075,000,000 -
SBB III AGMS June 20,
2008 June 20, 2008
- December 20, 2009
321,420,000 1,448
321,420,000 -
SBB IV AGMS May 19, 2011
May 19, 2011 - November 20,
2012 2,601,779,800
1,461 2,601,779,800
-
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