DEPOSITS FROM OTHER BANKS - TIME DEPOSITS continued

PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Years Ended December 31, 2008 and 2007 Expressed in millions of Rupiah, unless otherwise stated 78

23. ACCEPTANCES PAYABLE continued

a. By Currency, Related Parties and Third Parties continued: 2008 2007 Foreign Currency: Payable to other banks Third parties 3,670,093 4,338,877 Payable to debtors Third parties 78,323 491,475 Total Foreign Currency 3,748,416 4,830,352 3,842,367 5,023,235 b. By Maturity: 2008 2007 Rupiah: Less than 1 month 89,063 104,358 1 - 3 months 411 81,246 3 - 6 months 4,477 7,279 Total Rupiah 93,951 192,883 Foreign Currency: Less than 1 month 3,721,136 1,425,862 1 - 3 months 16,996 2,000,819 3 - 6 months 5,638 1,021,231 6 - 12 months 4,646 382,440 Total Foreign Currency 3,748,416 4,830,352 3,842,367 5,023,235 24. SECURITIES ISSUED By Type and Currency: 2008 2007 Rupiah: Mandiri travelers’ cheques 778,639 957,107 Syariah bonds 200,000 375,000 Short term securities 37,400 - Others 564 564 Total Rupiah 1,016,603 1,332,671 Foreign Currency: Medium-Term Notes MTN - 2,718,796 Total Foreign Currency - 2,718,796 Total 1,016,603 4,051,467 Less: Unamortized discount - 903 1,016,603 4,050,564 PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Years Ended December 31, 2008 and 2007 Expressed in millions of Rupiah, unless otherwise stated 79

24. SECURITIES ISSUED continued

Details of MTN are as follows:

2008: Nil 2007

Interest Nominal Amount Type Maturity Tenor Rate US Equivalent ISIN No Arranger Date months Per Annum full amount Rupiah MTN Credit Suisse First XS0167272375 Boston Europe Ltd., London, April 22, 2008 60 7.00 299,466,824 2,812,892 UBS Hong Kong and PT Mandiri Sekuritas Less: - Securities issued and held by Bank Mandiri and Subsidiaries 10,017,641 94,096 289,449,183 2,718,796 - Unamortized discount 96,115 903 289,353,068 2,717,893 Bank Mandiri issued Medium-Term Notes MTN amounting to US300,000,000 full amount with coupon 7.00 per annum at price of 99.482 and the maturity date is April 22, 2008. The MTN with nominal value of US300,000,000 full amount is hedged with an interest rate swap instrument. The MTN is presented at fair value as a consequence of adjustment of the hedging transaction. At maturity date on April 2008, the Bank had paid the MTN amounting to US300,000,000 full amount. On October 31, 2003, Bank Syariah Mandiri, a subsidiary, issued five-year Syariah Mudharabah bonds amounting to Rp200,000. The profit sharing on such bonds is payable every 3 months with the first payment being made on January 30, 2004 while the maturity of the Syariah Mudharabah bonds is on October 31, 2008. The profit on sharing will be taken from the margin revenue of Bank Syariah Mandiri obtained from its quarterly murabahah portfolio. These bonds have been paid on maturity date. On January 25, 2007 Bank Syariah Mandiri offered and sold on a limited basis Subordinated Notes Syariah Mudharabah 2007 Subnotes Bank with maximum nominal value amounting to Rp200,000. The Subnotes Bank’s will have term of 10 years with call option on the fifth year after issuance date. The Subnotes Bank holder’s Nisbah indication is 21.93 from profit sharing. The Subnotes Bank profit sharing is paid every 3 three months since the issuance date. On April 5, 2007 Subnotes Bank which has been realized amounted to Rp200,000. The Subnotes Bank will mature in year 2017. On November 6, 2008 PT Mandiri Sekuritas, a subsidiary, issued short-term notes with fixed interest rate of 16 per annum payable monthly commencing on November 30, 2008. The total amount is Rp37,400 and issued at a price of 100 of the principal. The maturity date is February 28, 2009.