Rental expense RELATED PARTY INFORMATION continued

PT XL AXIATA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2007, 2008 AND 2009; AND 31 MARCH 2009 AND 2010 Expressed in millions of Rupiah, unless otherwise stated Page 56

28. DERIVATIVE INSTRUMENTS continued

Cross Currency Swap Contracts Hedging of the payment of the principal and interest of long-term loans in USD Notional Exchange amount Swap Exchange Fixed interest rate Interest rate USD Period amount period rate paid per USD received Standard Chartered 65,000,000 18 April 2007- Rp 90.88 billion monthly, 9.65 - Rp 9,000 - 3 months’ SIBOR Bank 17 December full amount quarterly 10.98 Rp 9,940 + 1.05 margin, 2010 - Rp 198. 8 billion 1-3 months’ LIBOR full amount + 1 - 1.75 margin PT DBS Bank 15,00 0,000 9 May 2007- Rp 135 billion quarterly 8.20 Rp 9,000 3 months’ LIBOR Indonesia 26 April 2010 full amount + 1.00 margin J.P.Morgan 30.000.000 14 September Rp 99.3 billion monthly 10. 59 Rp 9,930 1 months’ LIBOR Securities 2009- full amount + 1.00 margin S.E.A. Ltd. 6 September Rp 198.6 billion 2010 full amount Interest Rate Swap Contracts Notional amount Exchange Fixed interest Fixed interest USD Period period rate paid rate received Standard Chartered Bank 359.028.222 7 January 2008- quarterly and 2.323 3 months’ SIBOR 1 October 2015 semiannually - 4.73 + 1.05 margin, 1 months’ LIBOR + 1.00 margin, 6 months’ LIBOR

29. CONTINGENCY

On 1 November and 14 December 2007, the Indonesia Business Competition Supervisory Commission “KPPU” issued decisions regarding a preliminary and a second stage continued investigation into the Company and seven other telecommunications companies based on allegations of SMS price-fixing cartel, which is a breach of Article 5 of the Anti-Monopoly Law Law No. 51999. In the event that the Company is found liable for SMS price-fixing, the KPPU may order the Company to pay fines up to Rp 25 billion full amount and require the Company to revise its SMS charges. In the event that the KPPUs decision stipulates that the alleged price fixing has caused consumer loss, the Company may also be exposed to consumer class action suits. Each of these decisions could have a material adverse effect on the Company’s business, reputation and profitability. On 18 June 2008, KPPU in one of its decisions assessed a penalty amounting to Rp 25 billion full amount to the Company. On 9 July 2008, the Company submitted an appeal letter regarding KPPU’s decision to South Jakarta District Court. Due to different jurisdiction domicile, the Company along with other operators, as requested by KPPU, filed an application to the Supreme Court to determine which Court will hear the proceedings. Up to the issue date of the consolidated financial statements, the Company has not received any response from both institutions.