Revenue continued RELATED PARTY INFORMATION continued

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 55

28. DERIVATIVE INSTRUMENTS

31122007 31122008 31122009 31032009 3103 2010 Derivative receivables: Forward Foreign Currency Contracts 105,584 758,286 110,246 486,245 50,125 Cross Currency Swap Contracts 20,139 200,716 18,049 227,212 - Interest Rate Swap Contracts - - 2,010 - - 125,723 959,002 130,305 713,457 50,125 Less: current portion - 333,324 18,049 121,489 - 125,723 625,678 112,256 591,968 50,125 Derivative payables: Forward Foreign Currency Contracts - - 134,501 - 129,352 Cross Currency Swap Contracts - - 60,810 - 82,821 Interest Rate Swap Contracts - 36,828 35,440 68,508 45,700 - 36,828 230,751 68,508 257,873 Less: current portion - - 166,272 3,011 151,062 - 36,828 64,479 65,497 106,811 The fair values on forward foreign currency contracts, cross currency swap contracts, and interest rate swap contracts have been calculated using rates quoted by the Company’s bankers to terminate the contracts at the balance sheet date. The net changes in fair value and settlement of derivates instruments are recorded as foreign exchange gainloss in the consolidated statements of income. For the period ended 31 March 2010, the Company recorded foreign exchange loss amounting Rp 150,919 in the consolidated statements of income. Other information relating to the derivative assets and liabilities as at 31 March 2010, as follows : Forward Foreign Currency Contracts Notional Amount Strike rate Premium Counterparties USD full amount Period per annum PT Bank DBS Indonesia 6,000,000 1 USD = Rp 12,150 - 13 April 2009 - 1 April 2010 - Rp 12,417 The Royal Bank of Scotland 5,500,000 1 USD = Rp 10,578 - 13 April 2009 - 15 July 2010 - Rp 12,265 Standard Chartered Bank 165,000,000 1 USD = Rp 9,000 - 17 July 2009 - 29 September 2.25-5.26 Rp 11,000 2015 J.P.Morgan Securities 50,000,000 1 USD = Rp 9,000 31 December 2009 - 3.45 S.E.A. Ltd. 29 September 2015 The premiums on the forward foreign currency contracts will be paid semi-annually.