ACCRUED EXPENSES September 30, December 31,

PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2013 UNAUDITED AND FOR NINE MONTHS PERIOD ENDED WITH COMPARATIVE FIGURES AS OF DECEMBER 31, 2012 AUDITED AND FOR NINE MONTHS PERIOD ENDED SEPTEMBER 30, 2012 UNAUDITED Figures in tables are presented in billions of Rupiah, unless otherwise stated 59

18. CURRENT MATURITIES OF LONG-TERM LIABILITIES continued

b. Long-term portion Scheduled principal payments as of September 30, 2013 are as follows: Year Notes Total 2014 2015 2016 2017 Thereafter Bank loans 21 6,312 1,610 2,772 1,006 576 348 Bonds and notes 20 3,108 64 1,041 8 - 1,995 Two-step loans 19 1,782 79 215 218 219 1,051 Obligations under finance leases 11 3,625 153 452 446 463 2,111 Total 14,827 1,906 4,480 1,678 1,258 5,505 19. TWO-STEP LOANS Two-step loans are unsecured loans obtained by the Government which are then re-loaned to the Company. The loans entered into up to July 1994 were recorded and payable in Rupiah based on the exchange rate at the date of drawdown. Loans entered into after July 1994 are payable in their original currencies and any resulting foreign exchange gain or loss is borne by the Company. September 30, 2013 December 31, 2012 Outstanding Outstanding Original Original currency Rupiah currency Rupiah Lenders Currency in millions equivalent in millions equivalent Overseas banks Yen 8,831 1,046 9,215 1,031 US 35 408 - 574 Rp 539 40 382 Total 1,993 1,987 Current maturities Note 18a 211 196 Long-term portion Note 18b 1,782 1,791 Interest Interest Payment payment rate Lenders Currency schedule period per annum Overseas banks US Semi-annually Semi-annually 4.00 Rp Semi-annually Semi-annually 9.81 Yen Semi-annually Semi-annually 3.10 The loans are intended for the development of telecommunications infrastructure and supporting telecommunication equipment. The loans are payable in semi-annual installments and are due on various dates through 2024.