Borrowings and other credit facilities Others

PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued DECEMBER 31, 2010 AUDITED AND SEPTEMBER 30, 2011 UNAUDITED AND NINE MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 UNAUDITED Figures in tables are presented in millions of Rupiah, unless otherwise stated 127

48. COMMITMENTS continued c. Others continued

ii Palapa Ring Consortium On November 10, 2007, the Company entered into a CMA with 5 other companies for Palapa Ring Consortium. This consortium was formed to build optical fiber network in 32 cities in Eastern Indonesia with total initial investment of Rp.2,070,336 million. The Company will obtain 4 lambdas bandwidth of total capacity of 8.44 lambdas from this consortium Note 14. In 2008, 2 companies draw back from the consortium, hence the total number of Palapa Ring Consortium’s member become 4 companies including the Company. iii Radio Frequency Usage Based on the Decree No. 76 dated December 15, 2010 of Government of the Republic of Indonesia, which amended Decree No. 7 dated January 16, 2009, the annual frequency usage fees with a bandwidth of 800 MHz, 900 MHz and 1800 MHz are determined using the following formula: N x K x I x C X B Notes : N = normalizing factor using consumer price index, subject to change depending on the Government’s non-tax revenue target K = adjusting factor based on economic value of the frequency bandwidth I = reserved price C = population of the citizens in thousands B = bandwidth The fee within 5 years is determined by the following formula: Year Formula 1 Y 1 = X + {20 x – Z} 2 Y 2 = X + 40 x 3 Y 3 = X + 60 x 4 Y 4 = X + 80 x 5 Y 5 = X + 100 x Notes : Yn = frequency usage fee for each year X = frequency usage fee for the period January 1, 2009 up to December 31, 2009 = N x K x I x C x B - X Z = remaining annual frequency fee based on previous regulation as of December 15, 2010 PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued DECEMBER 31, 2010 AUDITED AND SEPTEMBER 30, 2011 UNAUDITED AND NINE MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 UNAUDITED Figures in tables are presented in millions of Rupiah, unless otherwise stated 128

48. COMMITMENTS continued c. Others continued