SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued CURRENT ACCOUNTS WITH BANK INDONESIA

PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Years Ended December 31, 2007 and 2006 Expressed in millions of Rupiah, unless otherwise stated 34

5. PLACEMENTS WITH BANK INDONESIA AND OTHER BANKS continued

a. By Type, Currency, Maturity and Collectibility continued: 2007 continued Maturity Current Foreign Currency: Call Money 1 month 3,410,630 “Fixed-term” Placements 1 month 2,017,616 ≥ 1 month ≤ 3 months 453 6 months ≤ 12 months 41,479 Time Deposits 1 month 28,179 Total Foreign Currency 5,498,357 Total 16,892,524 Less: Allowance for Possible Losses 59,200 16,833,324 2006 Maturity Current Rupiah: Call Money 1 month 3,300,000 ≥ 1month ≤ 3 months 5,000 “Fixed-term” Placements 3 months ≤ 6 months 212,057 6 months ≤ 12 months 180,053 Time Deposits 1 month 31,502 ≥ 1 month ≤ 3 months 7,600 3 months ≤ 6 months 2,600 Total Rupiah 3,738,812 Foreign Currency: Call Money 1 month 3,493,497 ≥ 1 month ≤ 3 months 418 “Fixed-term” Placements 1 month 2,278,245 Time Deposits 1 month 22,550 Total Foreign Currency 5,794,710 Total 9,533,522 Less: Allowance for Possible Losses 97,981 9,435,541 b. As of December 31, 2007, placement on time deposits amounted to Rp175,100 including the placement on Bank Sinar Harapan Bali amounting to Rp80,000 Note 56g. c. As of December 31, 2007 and 2006, Bank Mandiri has no placements with related party banks. d. Average Interest Rate per Annum: 2007 2006 Rupiah 14.45 12.09 Foreign Currency 4.37 4.33 PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Years Ended December 31, 2007 and 2006 Expressed in millions of Rupiah, unless otherwise stated 35

5. PLACEMENTS WITH BANK INDONESIA AND OTHER BANKS continued

e. As of December 31, 2007 and 2006, there was no placement pledged as cash collateral. f. Movements of allowance for possible losses on placements with other banks: 2007 2006 Balance at beginning of year 97,981 154,871 Reversal during the year Note 36 36,337 51,542 Others 2,444 5,348 Balance at end of year 59,200 97,981 Includes effect of foreign currency translation. Management believes that the allowance for possible losses on placements with other banks is adequate.

6. SECURITIES

a. By Purpose and Related and Third Parties: 2007 2006 Related parties Note 47a: Trading 13,532 21,247 Available for sale 14,709 49,000 Held to maturity - 713 28,241 70,960 Third parties: Trading 23,090,970 13,013,736 Available for sale 1,432,288 2,271,072 Held to maturity 3,808,527 3,342,412 28,331,785 18,627,220 Total 28,360,026 18,698,180 Less: Unamortized premiumdiscounts 8,833 1,663 Unrealized gainslosses from increasedecrease in value of securities 79,857 6,893 Allowance for possible losses 1,114,497 1,145,838 27,316,553 17,547,112