Subsidiaries GENERAL continued c. Public offering of securities of the Company continued

PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2014 and for the Year Then Ended Figures in tables are expressedin billions of Rupiah, unless otherwise stated 17

1. GENERAL continued d. Subsidiaries continued

a Metra continued On August 29, 2014, Metra signed a Shareholders Agreement with Telstra Holding Singapore Pte. Ltd. to establish a joint venture company under the name of PT Teltranet Aplikasi Solusi “Teltranet”. Metra obtained 51 ownership in Teltranet or USD4.29 million of total USD8.43 million paid capital. Metra has no controls in determining Teltranet’s operations and financial policies. Teltranet is engaged in the sevices and communication system Note 10. On December 12, 2014, based on the Circular Resolution of the Stockholders of Metra as covered by notarial deed No. 24 dated December 12, 2014 of N.M. Dipo Nusantara Pua Upa, S.H., M.Kn., which has been approved by the MoLHR through its Letter No. AHU-09792.40.21.2014 dated December 17, 2014, Metra’s stockholders approved an increase in its authorized capital to 350,000,000 shares, amounting to Rp3.5 trillion which was taken proportionately by each of the shareholders and approved an increase in its issued and paid capital to 273,307,349 shares amounting to Rp2.7 trillion. b TII On January 9, 2013, based on the Circular Resolution of the Stockholders of TII, as covered by notarial deed No. 04 dated February 6, 2013 of Siti Safarijah, S.H., TII’s stockholders agreed to establish a subsidiary, Telekomunikasi Indonesia Internasional Australia Pty. Ltd. “Telkom Australia”. Telkom Australia is engaged in providing telecommunication services and IT-based services. On May 13, 2013, TII through Telekomunikasi Indonesia International Hong Kong Ltd. established a subsidiary in Macau under the name Telkom Macau Ltd, “Telkom Macau”. Telkom Macau is engaged in providing telecommunication services. On June 3, 2013, TII through Telekomunikasi Indonesia International Hong Kong Ltd. established a subsidiary in Taiwan under the name Telkom Taiwan Ltd, “Telkom Taiwan”. Telkom Taiwan is engaged in providing telecommunication services. On December 11, 2013, TII established a subsidiary in the United States of America, Telekomunikasi Indonesia International USA, Inc. Ltd. “Telkom USA”. Telkom USA will be engaged in providing telecommunication services. On September 25, 2014, TII through Telkom Australia has acquired 75 ownership of Contact Centres Australia Pty. Ltd. “CCA” Note 3a. c Sigma On January 17, 2013, Sigma signed a Sale and Purchase of Shares and Transfer of Debt Assignment Agreement with Landeskreditbank Baden-Wurttemberg-Forderbank “L-Bank”, and Step Stuttgarter Engineering Park Gmbh. “STEP” as stockholders of PT German Center Indonesia “GCI”. Based on the agreement, Sigma agreed to buy all the shares of GCI owned by L-Bank and STEP and take over L-Bank’s stockholders’ loan with the acquisition price at US17.8 million equivalent to Rp170 billion. The closing of this transaction was held on April 30, 2013 Note 3a. PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2014 and for the Year Then Ended Figures in tables are expressedin billions of Rupiah, unless otherwise stated 18

1. GENERAL continued d. Subsidiaries continued