POST-RETIREMENT HEALTH CARE BENEFITS

PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued DECEMBER 31, 2004 AND 2005, AND FOR YEARS ENDED DECEMBER 31, 2004 AND 2005 Figures in tables are presented in millions of Rupiah, unless otherwise stated - 100

44. POST-RETIREMENT HEALTH CARE BENEFITS continued

The following table presents the change in projected benefit obligation, the change in plan assets, funded status of the plan and the net amount recognized in the Company’s balance sheets as of December 31, 2004 and 2005: 2004 2005 As restated Change in projected benefit obligation Projected benefit obligation at beginning of year 3,787,389 4,681,005 Service cost 76,163 87,636 Interest cost 411,110 507,994 Actuarial loss 529,618 423,833 Benefits paid 123,275 125,979 Projected benefit obligation at end of year 4,681,005 5,574,489 Change in plan assets Fair value of plan assets at beginning of year 505,340 1,138,768 Actual return on plan assets 32,173 45,209 Employer contributions 724,530 435,899 Benefits paid 123,275 125,979 Fair value of plan assets at end of year 1,138,768 1,493,897 Funded status 3,542,237 4,080,592 Unrecognized net actuarial loss 558,530 1,032,571 Accrued post-retirement health care benefit cost 2,983,707 3,048,021 As of December 31, 2004, plan assets include Medium-term Notes issued by the Company with fair value of Rp145,000 million. As of December 31, 2005, plan assets include bonds and Medium-term Notes issued by the Company with total fair value of Rp232,394 million. The movement of the accrued post-retirement health care benefit cost during the years ended December 31, 2004 and 2005 is as follows: 2004 2005 As restated Accrued post-retirement health care benefit cost at beginning of year 3,282,048 2,983,707 Net periodic post-retirement health care benefit cost 416,276 488,586 less amounts charged to KSO Units Amounts charged to KSO Units under contractual agreement 9,913 11,627 Contributions 724,530 435,899 Accrued post-retirement health care benefit cost at end of year 2,983,707 3,048,021 The 2004 figures have been restated due to the adoption of PSAK 24R see Note 4a. PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued DECEMBER 31, 2004 AND 2005, AND FOR YEARS ENDED DECEMBER 31, 2004 AND 2005 Figures in tables are presented in millions of Rupiah, unless otherwise stated - 101

44. POST-RETIREMENT HEALTH CARE BENEFITS continued