ACCEPTANCES PAYABLE Bank Mandiri Eng 31 Des 2016 Released Password Removed

PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2016 and for the year then ended Expressed in millions of Rupiah, unless otherwise stated 139

30. MARKETABLE SECURITIES ISSUED continued Bonds continued

The rating for Continuous Bonds II PT Mandiri Tunas Finance Phase I and II based on Pefindo’s rating as of December 31, 2016 is idAA+ double A plus and as of December 31, 2015 is idAA double A. On June 9, 2015, the Subsidiary PT Mandiri Tunas Finance issued and registered Mandiri Tunas Finance Continuous Bonds I phase III Year 2015 “Continous Bonds I phase III” at the Indonesian Stock Exchange with a nominal value of Rp150,000 as follows: Bonds Nominal value Fixed interest rate per annum Maturity date Continous Bonds I Phase III 150,000 9.75 June 9, 2018 The trustee for the Continous Bonds I Mandiri Tunas Finance Phase III 2015 is PT Bank Mega Tbk. On May 23, 2014, the Subsidiary PT Mandiri Tunas Finance issued and registered Continous Bonds I Mandiri Tunas Finance Phase II year 2014 “Continous Bonds I Phase II” to the Indonesia Stock Exchange with a nominal value of Rp600,000, which consists of 2 two series: Bonds Nominal Value Fixed Interest rate per annum Maturity Date Series A 425,000 10.70 May 23, 2017 Series B 175,000 10.85 May 23, 2018 The trustee for the Continous Bonds I Mandiri Tunas Finance Phase II year 2014 is PT Bank Mega Tbk. On June 5, 2013, the Subsidiary PT Mandiri Tunas Finance issued and registered Continuous Bonds I Mandiri Tunas Finance Phase I year 2013 “Continous Bonds I Phase I” to the Indonesia Stock Exchange with a nominal value of Rp500,000 which consist of 2 two series: Bonds Nominal Value Fixed Interest rate per annum Maturity Date Seri A 425,000 7,75 June 5, 2016 Seri B 75,000 7,80 June 5, 2017 The trustee for the Continuous Bonds I Mandiri Tunas Finance Phase I 2013 is PT Bank Mega Tbk. The trustee agreement provides several restrictive covenants that must be fulfilled by the Subsidiary, among others, providing collateral with fiduciary transfer of consumer financing receivables and maintaining debt to equity ratio to not exceed 10:1. Moreover, during the year that the bonds principals are still outstanding, the Subsidiary is not allowed to, among others, merge unless performed on the same business nor to sell or assign more than 50 of the Subsidiary’s asset, except for the Subsidiary’s normal business transactions. Continous Bonds I Mandiri Tunas Finance Phase I year 2013, Series A, amounting to Rp425,000 has been repaid at maturity. The rating for Continuous Bonds I PT Mandiri Tunas Finance Phase I, II and III based on Pefindo’s rating as of December 31, 2016 is idAA+ double A plus and as of December 31, 2015 is idAA double A. On December 31, 2016, all securities issued by PT Mandiri Tunas Finance are secured by consumer financing receivables amounting to Rp1,836,445 December 31, 2015: Rp1,035,192 Note 13f and net investment in finance leases amounting to Rp158,555 December 31, 2015: Rp74,811 Note 14f. PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2016 and for the year then ended Expressed in millions of Rupiah, unless otherwise stated 140

30. MARKETABLE SECURITIES ISSUED continued Subordinated notes sharia mudharabah