DEPOSITS FROM CUSTOMERS - TIME DEPOSITS

PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2009, 2008 AND 2007 Expressed in millions of Rupiah, unless otherwise stated Appendix 576 21. DEPOSITS FROM OTHER BANKS - INTER-BANK CALL MONEY a. By Currency: 2009 2008 2007 Foreign currencies - 7,588 827,617 Deposits from other banks - inter-bank call money as at 31 December 2009 and 2008 amounting to RpNil and Rp7,588 is presented after set-off of with inter-bank call money of a financial institution in liquidation placed in Bank Mandiri amounting to Rp13,866 and Rp16,217 as at 31 December 2009 and 2008, respectively. The inter-bank call money was net-off with Bank Mandiri’s placement balance in that financial institution in liquidation which classified as loss amounting to Rp209,153 and Rp242,708 as at 31 December 2009 and 2008, respectively Note 5e. b. By Remaining Period Until Maturity Date: 2009 2008 2007 Foreign currencies: Less than 1 month - 7,588 827,617 c. Average Interest Rates Cost of Funds per Annum: 2009 2008 2007 Foreign currencies - 3.29 5.42 d. As at 31 December 2009, 2008 and 2007, there were no inter-bank call money transaction with related party.

22. DEPOSITS FROM OTHER BANKS - TIME DEPOSITS

a. By Currency: 2009 2008 2007 Rupiah 3,890,457 2,763,817 1,724,286 Foreign currencies 1,053,501 1,801,966 1,221,373 4,943,958 4,565,783 2,945,659 b. By Contract Period: 2009 2008 2007 Rupiah: 1 month 3,785,798 2,684,933 1,703,249 3 months 56,022 44,421 7,640 6 months 35,857 12,971 2,300 12 months 12,480 21,192 11,097 Over 12 months 300 300 - Total Rupiah 3,890,457 2,763,817 1,724,286 Foreign currencies: 1 month 1,053,501 166,917 1,197,890 6 months - 1,635,049 23,483 Total foreign currencies 1,053,501 1,801,966 1,221,373 4,943,958 4,565,783 2,945,659 Included in deposits from other banks - time deposits were unrestricted investment - mudharabah investments time deposits amounting to Rp207,640, Rp218,380 and RpNil as at 31 December 2009, 2008 and 2007, respectively. PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2009, 2008 AND 2007 Expressed in millions of Rupiah, unless otherwise stated Appendix 577 22. DEPOSITS FROM OTHER BANKS - TIME DEPOSITS continued c. Average Interest Rates Cost of Funds and Range of Profit Sharing per Annum: Average interest rates cost of funds per annum: 2009 2008 2007 Rupiah 8.36 7.56 7.39 Foreign currencies 3.06 3.29 3.71 Range of profit sharing per annum on mudharabah investments: 2009 2008 2007 Rupiah 6.08 - 8.85 6.09 - 8.54 6.60 - 8.05 Foreign currencies 1.91 - 3.00 2.36 - 3.28 2.85 - 3.35 d. As at 31 December 2009, 2008 and 2007, the Bank had no time deposits from related party banks. e. As at 31 December 2009, 2008 and 2007, time deposits from other banks which are frozen and blocked as collateral for bank guarantees, loan and trade finance facilities were amounting to Rp149,906, Rp772,530 and Rp42,079, respectively. f. In the second quarter of 2005, the Bank entered into two Callable Parallel Deposit transactions with the Bank’s counterpart in relation to sales of Government Bonds. The contract started when the Bank transferred the Government Bonds to counterparty bank and received the proceeds in Rupiah. A portion of the total proceeds amounting to Rp1,268,000 was placed back as deposit to the counterparty bank and subsequently the Bank received US Dollar loan amounting to USD100,000,000 full amount. The details of Callable Parallel Deposits contracts are as follows: Deposit Effective Date Maturity Date Beginning Balance Ending Balance Interest Rate Rupiah 16 May 2005 20 June 2013 634,000 1,493,110 11.17 United States Dollar 17 May 2005 15 June 2013 USD50 million full amount USD50 million full amount 3 months LIBOR + spread Rupiah 3 June 2005 20 December 2013 634,000 1,540,310 11.00 United States Dollar 8 June 2005 15 December 2013 USD50 million full amount USD50 million full amount 3 months LIBOR + spread Zero Coupon Deposits Funds placed as deposit above are resulted from the proceeds of Government Bonds selling to the counterparty bank. The agreement gave an option to the counterparty bank to early-terminate the transaction by terminatingwithdrawing the Rupiah and US Dollar deposits in every redemption date each year. The agreement also required the Bank to provide additional top-up Rupiah deposit placement to counterparty bank during the transaction period based on the movement of Rupiah against United States Dollar spot rate. On 15 June 2006, the Bank exercised the right to early terminate the facility of USD50,000,000 full amount with effective date 17 May 2005. On 15 December 2006, the Bank also exercised the right to early terminate the facility of USD50,000,000 full amount with effective date 8 June 2005. If the Bank exercised the option, the outstanding placement in Callable Zero Coupon Deposit will not be automatically terminated. PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2009, 2008 AND 2007 Expressed in millions of Rupiah, unless otherwise stated Appendix 578 22. DEPOSITS FROM OTHER BANKS - TIME DEPOSITS continued Based on the agreement, the counterparty bank has the right to early terminate the agreement should the unwind events occur, or where Bank fails to top up the Rupiah deposit as required in the agreement. If the counterparty Bank exercised its right to early terminate due to unwind events, the Bank has to pay unwind cost to the counterparty banks as determined later by the counterparty bank. In addition, the counterparty bank has the right to early terminate if the counterparty bank considers the fund received in form of callable zero coupon deposits has delete higher interest rate than the market interest rate, as executed by the counterparty bank on 28 May 2007 and 25 June 2007. On 28 May 2007, the counterparty bank had early terminated the callable zero coupon deposits with beginning balance amounting to Rp634,000 and paid in cash as settlement of the transaction on 20 June 2007. On 25 June 2007, the counterparty bank had early terminated the callable zero coupon deposits with beginning balance amounting to Rp634,000 and paid in cash as settlement of the transaction on 21 December 2007.

23. SECURITIES SOLD UNDER REPURCHASE AGREEMENTS

2009 Securities Nominal Value Commencement Date Maturity Date Repurchase Value Unamortised Interest Expense Net Value Government Bonds Rupiah Bonds VR0019 355,652 18052005 18052010 316,356 - 316,356 Total 355,652 316,356 - 316,356 2008 Securities Nominal Value Commencement Date Maturity Date Repurchase Value Unamortised Interest Expense Net Value Government Bonds Rupiah Bonds VR0019 355,652 18052005 18052010 316,356 - 316,356 Bonds VR0017 289,859 04112004 04112009 284,062 - 284,062 Bonds FR0019 231,028 03112004 03112009 285,060 - 285,060 Total 876,539 885,478 - 885,478 Non Government Bonds Rupiah Bonds 50,000 05092008 04032009 50,997 350 50,647 ORI 004 26,000 22092008 22012009 24,076 189 23,887 ORI 004 11,000 23092008 23012009 10,602 83 10,519 Bonds 7,000 09122008 02022009 6,335 9 6,326 Bonds 5,000 09122008 02022009 5,102 66 5,036 Total 99,000 97,112 697 96,415 Total 975,539 982,590 697 981,893 PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2009, 2008 AND 2007 Expressed in millions of Rupiah, unless otherwise stated Appendix 579 23. SECURITIES SOLD UNDER REPURCHASE AGREEMENTS continued 2007 Securities Nominal Value Commencement Date Maturity Date Repurchase Value Unamortised Interest Expense Net Value Government Bonds Rupiah Bonds VR0013 617,500 07062005 07012008 617,500 - 617,500 Bonds VR0031 669,000 19122007 03012008 602,746 259 602,487 Bonds VR0031 446,000 19122007 03012008 401,829 172 401,657 Bonds VR0019 355,652 18052005 18052010 316,356 - 316,356 Bonds VR0017 289,859 04112004 04112009 284,062 - 284,062 Bonds FR0040, FR0043 and FR0047 283,000 28122007 28012008 297,527 34 297,493 Bonds FR0019 231,028 03112004 03112009 285,060 - 285,060 Bonds FR0020, FR0027 and FR0033 100,000 28122007 11012008 110,021 293 109,728 Total 2,992,039 2,915,101 758 2,914,343 The Government Bonds sold under repurchase agreement with counterparty banks serial numbers VR0013, VR0017, FR0019 and VR0019 represents contracts associated with foreign currency funding through cross currency swap transactions with the above counterparties Note 10. There were no premium or discount recognised from the above contracts.

24. ACCEPTANCE PAYABLES

a. By Currency, Related Parties and Third Parties: 2009 2008 2007 Rupiah: Payable to other banks Third parties 187,478 85,168 74,688 Payable to debtors Third parties 121,364 8,783 118,195 Total Rupiah 308,842 93,951 192,883 Foreign currencies: Payable to other banks Third parties 3,927,139 3,670,093 4,338,877 Payable to debtors Third parties 120,792 78,323 491,475 Total Foreign currencies 4,047,931 3,748,416 4,830,352 4,356,773 3,842,367 5,023,235