OTHER OPERATING EXPENSES - OTHERS - NET COMMITMENTS AND CONTINGENCIES

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 5115 43. PENSION AND SEVERANCE continued Free of Service Period MBT continued Assumptions used in the actuarial report for MBT calculation are as follows: a. Discount rate is 10.50 per annum 2008: 12.00 and 2007: 10.00. b. Expected rate of annual salary increase is 11.00 2008: 11 and 2007: 10.00. c. Normal retirement age is 56 years. d. Turnover rate is 5.00 up to employees’ age of 25 and reducing linearly by 0.167 for each year up to 0.00 up to at age 55 and there after 2008: Turnover rate is 5.00 up to employees’ age of 25 and reducing linearly by 0.167 for each year up to 0.00 up to at age 55 and there after and 2007: 5.00 up to employees’ age of 25 and reducing linearly by 0.25 for each year up to 0.00 at age 45 and thereafter. e. Mortality rate table is Indonesia mortality table 1999 or TMI II 2008: TMI II and 2007: US 1980 Commissioners’ Standard Ordinary Table of Mortality. f. Disability rate is 10.00 of TMI II 2008: 10.00 of TMI II and 2007: 10.00 of mortality rate. Based on those assumptions, provision for MBT facilities for years ended 31 December 2009, 2008 and 2007 amounted to Rp973,347, Rp794,159 and Rp655,489, respectively Note 29. Reconciliation of Provision for Free of Service Period facilities are as follows: 2009 2008 2007 Current Service Cost 96,324 83,014 80,551 Interest Cost 92,466 63,972 48,045 Recognition of actuarial losses 34,110 31,216 60,113 Cost of provision for free of service period 222,900 178,202 188,709 Beginning balance of provision for free for service period facilities 794,159 655,489 489,650 Expenses during the year 222,900 178,202 188,709 Payment of benefits 43,712 39,532 22,870 Provision for free of service period Note 29 973,347 794,159 655,489 Subsidiaries does not have Free of Service Period MBT Benefit.

44. OTHER OPERATING EXPENSES - OTHERS - NET

2009 2008 2007 Fees and commissions expenses 321,911 184,519 107,258 Employee restructuring cost 220,569 - - Others 288,893 284,810 221,983 831,373 469,329 329,241 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 5116 45. NON-OPERATING INCOME - NET 2009 2008 2007 Income from KSO agreement Note 15 131,640 - - Rental income 69,634 82,148 84,073 Gain on sale of fixed assets Note 15 60,262 1,425 3,444 Penalties 1,553 775 2,448 Others - net 129,613 75,320 35,397 389,596 158,118 120,466

46. COMMITMENTS AND CONTINGENCIES

2009 2008 2007 COMMITMENTS Commitment Payables: Unused loan facilities granted Third parties 39,067,994 27,932,045 25,396,389 Outstanding irrevocable letters of credit Note 27: Third parties 7,7 36,568 5,450,602 7,425,994 Commitment Payables - Net 46,804,562 33,382,647 32,822,383 CONTINGENCIES Contingent Receivables: Interest receivable on non-performing assets 5,768,219 5,070,591 6,259,377 Guarantees received from other banks 3,587,55 4 2,898,350 2,131,530 Others 33,032 33,610 32,728 Total Contingent Receivables 9,388,805 8,002,551 8,423,635 Contingent Payables: Guarantees issued in the form of: Bank guarantees Note 27: Third parties 17,292,891 15,236,085 11,988,327 Related parties 32,363 5,274 5,803 17,325,254 15,241,359 11,994,130 Standby letters of credit Note 27 4,238,153 4,304,101 2,991,294 Others 60,298 120,666 30,873 Total Contingent Payables 21,623,705 19,666,126 15,016,297 Contingent Payables - Net 12,234,900 11,663,575 6,592,662 COMMITMENTS AND CONTINGENCIES PAYABLE - NET 59,039,462 45,046,222 39,415,045 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 5117 47. FOREIGN CURRENCY TRANSACTIONS Forward and cross currency swap transactions are presented as derivative receivables or payables in the consolidated balance sheets Note 10. Details of outstanding buy and sell foreign currency spot transactions are as follows Bank Mandiri only: 2009 Spot-Buy Spot- Sell Original Currency Rupiah Original Currency Rupiah Original Currency full amount Equivalent full amount Equivalent United States Dollar 18,296,000 171,891 25,459,600 239,193 Others - 156,257 - 112,382 328,148 351,575 2008 2 Spot-Buy Spot- Sell Original Currency Rupiah Original Currency Rupiah Original Currency full amount Equivalent full amount Equivalent United States Dollar 18,332,661 199,826 3,503,433 38,187 Others - 78,235 - 164,830 278,061 203,017 2007 2 Spot-Buy Spot- Sell Original Currency Rupiah Original Currency Rupiah Original Currency full amount Equivalent full amount Equivalent United States Dollar 394,566,530 3,706,163 256,664,930 2,410,854 Others - 2,419,971 - 3,717,870 6,126,134 6,128,724 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 5118 48. RELATED PARTY TRANSACTIONS

a. Normal Banking Activities