Estimated liabilities for assets restoration

PT XL AXIATA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2007, 2008 AND 2009; AND 31 MARCH 2009 AND 2010 Expressed in millions of Rupiah, unless otherwise stated Page 39

16. SHARE CAPITAL AND ADDITIONAL PAID-IN CAPITAL continued

Share Capital continued The composition of the Company’s shareholders as at 31 March 2010 was as follows: Number of shares Amount Rp Indocel Holding Sdn. Bhd. formerly Nynex Indocel Holding Sdn. 7,358,709,290 735,871 86.50 Emirates Telecommunications Corporation Etisalat International Indonesia Ltd. 1,132,497,500 113,250 13.30 Public 16,793,210 1,679 0.20 8,508,000,000 850,800 100.00 As at 31 March 2010, the 16,793,210 shares owned by the public included those owned by the directors of the Company, who hold 732,000 shares. On 29 March 2010, Axiata Group Berhad through Indocel Holding Sdn. Bhd. announced Private Placement on its shares ownership in the Company which was performed gradually in April 2010 with purpose to increase public ownership of Company’s shares and increase liquidity of Company’s listed shares in Indonesia Stock Exchange refer to Note 35b. Additional Paid-in Capital Additional Paid-in Capital as at 31 December 2007, 2008 and 2009; and 31 March 2009 and 2010 is as follows: 31122007 31122008 31122009 31032009 31032010 Additional paid-in capital 2,712,250 2,712,250 5,406,450 2,712,250 5,406,450 Share issue costs 44,815 44,815 93,803 44,815 93,803 Exchange rate difference due to paid-in capital 24,249 24,249 22,985 24,249 22,985 2,691,684 2,691,684 5,335,632 2,691,684 5,335,632 Through the initial stock offering in September 2005, the Company received USD 278,213,143.70 and Rp 18,617,000,000 full amount for the issuance of 1,427,500,000 shares, with a nominal value amounting to Rp 100 full amount per share. The conversion rate of USD 1 is Rp 10,195 full amount. Through the LPO I in November 2009, the Company received USD 252,795,717.45 and Rp 438,232,620,000 full amount for the issuance of 1,418,000,000 shares with a nominal value amounting to Rp 100 full amount per share. The conversion rate of USD 1 is Rp 9,485 full amount.