BANK LOANS continued FS TLKM Q3 2014engl

PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of September 30, 2014 and for the Nine months Period Then Ended unaudited Figures in tables are expressed in billions of rupiah, unless otherwise stated 71

23. CAPITAL STOCK

September 30, 2014 Number of Percentage Total Description shares of ownership paid-up capital Series A Dwiwarna share Government 1 - Series B shares Government 51,602,353,559 52.56 2,580 The Bank of New York Mellon Corporation 9,587,633,980 9.77 479 Directors Note 1b: Indra Utoyo 27,540 - Honesti Basyir 540 - Priyantono Rudito 540 - Sukardi Silalahi 540 - Public individually less than 5 36,985,836,900 37.67 1,850 Total 98,175,853,600 100.00 4,909 Treasury stock Note 25 2,624,142,800 - 131 Total 100,799,996,400 100.00 5,040 December 31, 2013 Number of Percentage Total Description shares of ownership paid-up capital Series A Dwiwarna share Government 1 - Series B shares Government 51,602,353,559 53.14 2,580 The Bank of New York Mellon Corporation 10,031,129,780 10.33 502 Directors Note 1b: Indra Utoyo 27,540 - Honesti Basyir 540 - Priyantono Rudito 540 - Sukardi Silalahi 540 - Public individually less than 5 35,467,341,100 36.53 1,773 Total 97,100,853,600 100.00 4,855 Treasury stock Note 25 3,699,142,800 - 185 Total 100,799,996,400 100.00 5,040 The Bank of New York Mellon Corporation serves as the Depositary of registered ADS holders for the Company’s ADSs. The Company issued only 1 Series A Dwiwarna share which is held by the Government and cannot be transferred to any party, and has a veto in the General Meeting of Stockholders of the Company with respect to election and removal from the Boards of Commissioners and Directors, issuance of new shares, and amendments of the Company’s Articles of Association. PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of September 30, 2014 and for the Nine months Period Then Ended unaudited Figures in tables are expressed in billions of rupiah, unless otherwise stated 72

24. ADDITIONAL PAID-IN CAPITAL September 30, December 31,

2014 2013 Proceeds from sale of 933,333,000 shares in excess of par value through IPO in 1995 1,446 1,446 Excess of value over cost of selling 211,290,500 shares treasury stock phase I Note 25 544 544 Difference in value arising from restructuring transactions and other transactions between entities under common control 478 478 Excess of value over cost of treasury stock transferred to employee stock ownership program Note 25 228 228 Capitalization into 746,666,640 Series B shares in 1999 373 373 Excess of value over cost of selling 215,000,000 shares treasury stock phase II Note 25 576 - Net 2,899 2,323 Difference in value arising from restructuring transactions and other transactions of entities under common control amounting Rp478 billion arose from the early termination of the Company’s exclusive rights to provide local and inter-local fixed line telecommunication services, for which the Company is required by the Government to use the funds received from this compensation for the development of telecommunication infrastructure. As of September 30, 2014 and December 31, 2013, the accumulated development of the related infrastructure amounted to Rp537 billion.

25. TREASURY STOCK

Maximum Purchase Number Phase Basis Period of Shares Amount I EGM December 21, 2005 - June 20, 2007 1,007,999,964 Rp5,250 II AGM June 29, 2007 - December, 28, 2008 215,000,000 Rp2,000 III AGM June 20, 2008 - December 20, 2009 339,443,313 Rp3,000 - BAPEPAM - LK October 13, 2008 - January 12, 2009 4,031,999,856 Rp3,000 IV AGM May 19, 2011 - November 20, 2012 645,161,290 Rp5,000 Movements in treasury stock as a result of the repurchase of shares are as follows: September 30, 2014 December 31, 2013 Number Number of shares Rp of shares Rp Beginning balance 3,699,142,800 3.67 5,805 5,054,652,300 5.01 8,067 Transfer to employees ownership programme - - - 299,057,000 0.29 433 Proceeds from sale of treasury stock 1,075,000,000 1.07 1,969 1,056,452,500 1.05 1,829 Ending balance 2,624,142,800

2.60 3,836 3,699,142,800

3.67 5,805