Earning Per Share SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES 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 35

3. CURRENT ACCOUNTS WITH BANK INDONESIA continued

The current accounts with Bank Indonesia are primarily maintained to meet the minimum reserve requirements of Bank Indonesia of 5.00 and 1.00 as of December 31, 2008 2007: 11.00 and 3.00 of Rupiah and US Dollar deposits, respectively. The realization of the minimum reserve requirement ratio of Bank Mandiri for its Rupiah and US Dollar accounts as of December 31, 2008 and 2007, is as follows: 2008 2007 Rupiah 5.47 14.00 United States Dollar 1.04 3.01

4. CURRENT ACCOUNTS WITH OTHER BANKS

a. By Currency: 2008 2007 Rupiah 53,039 36,067 Foreign Currency 7,441,179 1,365,915 Total 7,494,218 1,401,982 Less: Allowance for Possible Losses 87,689 14,387 7,406,529 1,387,595 b. By Collectibility: 2008 2007 Rupiah Current 53,039 36,067 Total Rupiah 53,039 36,067 Foreign Currency Current 7,428,353 1,365,915 Loss 12,826 - Total Foreign Currency 7,441,179 1,365,915 Total 7,494,218 1,401,982 Less: Allowance for Possible Losses 87,689 14,387 7,406,529 1,387,595 c. By Related Party and Third Party: As of December 31, 2008 and 2007, there were no current accounts with related party banks. d. Average Interest Rate yield per Annum: 2008 2007 Rupiah 0.45 0.25 Foreign Currency 0.95 3.11 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 36

4. CURRENT ACCOUNTS WITH OTHER BANKS continued

e. Movements of allowance for possible losses on current accounts with other banks: 2008 2007 Balance at beginning of year 14,387 11,149 Provision during the year Note 36 71,072 2,731 Others 2,230 507 Balance at end of year 87,689 14,387 Includes effect of foreign currency translation. Management believes that the allowance for possible losses on current accounts with other banks is adequate. 5. PLACEMENTS WITH BANK INDONESIA AND OTHER BANKS a. By Type, Currency, Maturity and Collectibility: 2008 Maturity Current Loss Total Rupiah: Bank Indonesia 1 month 13,650,642 - 13,650,642 Call Money 1 month 69,036 - 69,036 1 month 3 months 44,063 - 44,063 Time Deposit 1 month 256,050 - 256,050 1 month 3 months 36,300 - 36,300 Saving No maturity 1,107 - 1,107 Total Rupiah 14,057,198 - 14,057,198 Foreign Currency: Call Money 1 month 13,261,660 - 13,261,660 12 months - 217,786 217,786 “Fixed-Term” Placement 1 month 2,196,350 - 2,196,350 1 month 3 months 548 - 548 6 months 12 months 49,493 - 49,493 12 months - 8,491 8,491 Total Foreign Currency 15,508,051 226,277 15,734,328 Total 29,791,526 Less: Allowance for Possible Losses 386,708 29,404,818