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These consolidated financial statements are originally issued in Indonesian language. PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Year Ended December 31, 2006 With Comparative Figures For 2005 Expressed in millions of Rupiah, unless otherwise stated 63

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The construction in progress for Integrated Banking System agreement with PT Silverlake Informatikatama was approximately 96.22 complete whilst with Silverlake Corporation was approximately 100 complete as of December 31, 2006. Certain premises and equipment of BSM, a subsidiary, with net book value as of December 31, 2006 amounting to Rp24,346 have been pledged as collateral to Bank Indonesia in relation to BSM’s proposal for the settlement of its Rp32,000 subordinated loan from BI Note 29. Movements from January 1, 2005 Beginning Ending to December 31, 2005 Balance Additions Deductions Reclassifications Balance Cost Valuation Direct ownership Land 2,829,613 301 4,989 - 2,824,925 Buildings 1,460,171 20,147 30,623 13,790 1,463,485 Furnitures, fixtures, office equipment and computer equipmentsoftware 3,125,558 140,569 11,506 256,317 3,510,938 Vehicles 63,157 11,299 3,719 - 70,737 Construction in progress 265,551 239,191 - 232,557 272,185 Leased assets 81,528 - 43,978 37,550 - 7,825,578 411,507 94,815 - 8,142,270 Accumulated Depreciation and Amortization Direct ownership Buildings 695,344 76,580 34,810 - 737,114 Furnitures, fixtures, office equipment and computer equipmentsoftware 1,580,906 474,020 9,229 20,027 2,065,724 Vehicles 32,963 4,602 3,546 - 34,019 Leased assets 32,737 2,504 15,214 20,027 - 2,341,950 557,706 62,799 - 2,836,857 Net book value Direct ownership Land 2,824,925 Buildings 726,371 Furniture, fixtures, office equipment and computer equipmentsoftware 1,445,214 Vehicles 36,718 5,033,228 Construction in progress 272,185 5,305,413 The amount includes an increment in value of fixed assets based on revaluation of fixed assets of the merged banks performed by an Independent Appraiser, PT Vigers Hagai Sejahtera, using market values as of July 31, 1999. The revaluation increment was recorded prospectively on June 18, 2003 Note 14a. Construction in progress as of December 31, 2005 is comprised of: Product and license - Core Banking System 164,554 Buildings 44,229 Others 63,402 272,185 These consolidated financial statements are originally issued in Indonesian language. PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Year Ended December 31, 2006 With Comparative Figures For 2005 Expressed in millions of Rupiah, unless otherwise stated 64

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