GENERAL continued d. Subsidiaries

11 PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the Three Months Period Ended March 31, 2016 and 2015 unaudited Figures in tables are expressed in billions of Rupiah, unless otherwise stated Table of Contents

1. GENERAL continued d. Subsidiaries

continued i Direct subsidiaries : Percentage of ownership interest Total assets before elimination Subsidiaryplace of incorporation Nature of businessdate of incorporation or acquisition by the Company Year of start of commercial operations March 31, 2016 December 31, 2015 March 31, 2016 December 31, 2015 PT Telekomunikasi Selular “Telkomsel” Jakarta, Indonesia Telecommunication - provides telecommunication facilities and mobile cellular services using Global Systems for Mobile Communication “GSM” technologyMay 26, 1995 1995 65 65 93,925 84,086 PT Dayamitra Telekomunikasi “Dayamitra”, Jakarta, Indonesia TelecommunicationMay 17, 2001 1995 100 100 9,647 9,341 PT Multimedia Nusantara “Metra”, Jakarta, Indonesia Network telecommunication services and multimedia May 9, 2003 1998 100 100 9,089 8,563 PT Telekomunikasi Indonesia International “TII”, Jakarta, Indonesia TelecommunicationJuly 31, 2003 1995 100 100 5,848 5,604 PT Telkom Akses “Telkom Akses”, Jakarta, Indonesia Construction, service and trade in the field of telecommunicationNove mber 26, 2012 2013 100 100 4,177 3,696 PT Graha Sarana Duta “GSD”, Jakarta, Indonesia Leasing of offices and providing building management and maintenance services, civil consultant and developerApril 25, 2001 1982 99,99 99.99 3,729 3,581 PT PINS Indonesia “PINS” previously PT Pramindo Ikat Nusantara Jakarta, Indonesia Telecommunication construction and servicesAugust 15, 2002 1995 100 100 3,326 2,960 PT Infrastruktur Telekomunikasi Indonesia “Telkom Infratel” Jakarta, Indonesia Construction, service and trade in the field of telecommunication January 16, 2014 2014 100 100 818 647 PT Patra Telekomunikasi Indonesia “Patrakom” Jakarta, Indonesia Telecomunication- provides satellite communication system, services and facilitiesSeptember 28, 1995 1996 100 100 479 472 12 PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the Three Months Period Ended March 31, 2016 and 2015 unaudited Figures in tables are expressed in billions of Rupiah, unless otherwise stated Table of Contents

1. GENERAL continued