FUND BORROWINGS EC83A63C E3BD 46D3 927D 5125402EAFFD AR2006 English

These consolidated financial statements are originally issued in Indonesian language. PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Year Ended December 31, 2006 With Comparative Figures For 2005 Expressed in millions of Rupiah, unless otherwise stated 76

25. FUND BORROWINGS

2006 2005 Rupiah: Bank Indonesia a 599,426 735,004 PT Permodalan Nasional Madani Persero b 486,159 573,722 PT Bank Ekspor Indonesia Persero c 400,000 667,400 The Government of Republic of Indonesia d Note 47 350,000 350,000 Others g 75,000 305,000 Total Rupiah 1,910,585 2,631,126 Foreign Currency: Direct Off-shore Loans e 1,359,453 1,445,010 Trade Financing Facilities f 154,854 196,600 Others g - 6,895 Total Foreign Currency 1,514,307 1,648,505 3,424,892 4,279,631 As of December 31, 2006 and 2005, fund borrowings from related parties amounted to Rp350,000 and Rp350,000, respectively Note 47. a Bank Indonesia This account represents a credit liquidity facility obtained from Bank Indonesia BI, which was re- loaned to Bank Mandiri customers under the Government Credit Program. The management and monitoring of the credit facility are performed by PT Permodalan Nasional Madani Persero, a state- owned company, based on Law No. 231999 dated May 17, 1999 regarding BI, BI Regulation No. 23PBI2000 dated February 1, 2000 and BI Regulation No. 520PBI2003 dated September 17, 2003 regarding the Hand-over of Management of Credit Liquidity of Bank Indonesia Under Credit Program. This facility is subject to interest at rates ranging from 3 to 9 per annum and will mature on various dates through 2017. The details of this account are as follows: 2006 2005 Rupiah: Small-Scale Working Capital Loans KKPA 365,407 420,571 Small-Scale Investment Loans KIK 121,675 188,738 Investment Loans KI 112,344 125,695 599,426 735,004 b PT Permodalan Nasional Madani Persero This account represents credit facilities obtained from PT Permodalan Nasional Madani Persero, which borrowings were re-loaned by Bank Mandiri to the members of the Primary Cooperative Kredit Koperasi Primer kepada Anggotanya [KKPA]. These facilities are subject to interest at 7 per annum. The loan terms and installment payments schedule reflect the terms of the individual loan agreements. These consolidated financial statements are originally issued in Indonesian language. PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Year Ended December 31, 2006 With Comparative Figures For 2005 Expressed in millions of Rupiah, unless otherwise stated 77

25. FUND BORROWINGS continued