SALARIES AND EMPLOYEE BENEFITS continued 2007 PENSION AND SEVERANCE

PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Years Ended December 31, 2008 and 2007 Expressed in millions of Rupiah, unless otherwise stated 107

42. PENSION AND SEVERANCE continued

Pension Plan continued DPBM I DPBM II DPBM III DPBM IV Mortality Rate Table Indonesia Mortality Table 1999 TMI II for active members and Group Annuity Mortality 1983 GAM ’83 for pensioners 2007: CSO -1958 Indonesia Mortality Table 1999 TMI II for active members and Group Annuity Mortality 1983 GAM ’83 for pensioners 2007: CSO -1958 Indonesia Mortality Table 1999 TMI II for active members and Group Annuity Mortality 1983 GAM ’83 for pensioners 2007: CSO -1958 Indonesia Mortality Table 1999 TMI II for active members and Group Annuity Mortality 1983 GAM ’83 for pensioners 2007: CSO -1958 Turnover rate 5 up to employees’ age of 25 and reducing linearly by 0.167 for each year up to 0 up to at age 55 and there after 2007: 5 up to employees’ age of 25 and reducing linearly by 0.25 for each year up to 0 at age 45 and thereafter 5 up to employees’ age of 25 and reducing linearly by 0.167 for each year up to 0 up to at age 55 and there after 2007: 5 up to employees’ age of 25 and reducing linearly by 0.25 for each year up to 0 at age 45 and thereafter 5 up to employees’ age of 25 and reducing linearly by 0.167 for each year up to 0 up to at age 55 and there after 2007: 5 up to employees’ age of 25 and reducing linearly by 0.25 for each year up to 0 at age 45 and thereafter 5 up to employees’ age of 25 and reducing linearly by 0.167 for each year up to 0 up to at age 55 and there after 2007: 5 up to employees’ age of 25 and reducing linearly by 0.25 for each year up to 0 at age 45 and thereafter Disability rate 10 of TMI II 2007: 10 of mortality rate 10 of TMI II 2007: 10 of mortality rate 10 of TMI II 2007: 10 of mortality rate 10 of TMI II 2007: 10 of mortality rate Actuarial method Projected Unit Credit Projected Unit Credit Projected Unit Credit Projected Unit Credit Normal pension age 56 years for all grades 56 years for all grades 56 years for all grades 56 years for all grades Maximum defined benefit amount 80 of latest gross pensionable salary PhDP 80 of latest gross pensionable salary PhDP 62.50 of latest gross pensionable salary PhDP 75 of latest gross pensionable salary PhDP Expected rate of pension benefit increase Nil Nil Nil 4 every 2 years Tax rates - average 5 of pension benefit 2007: 15 of pension benefit 5 of pension benefit 2007: 15 of pension benefit 5 of pension benefit 2007: 15 of pension benefit 5 of pension benefit 2007: 15 of pension benefit PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Years Ended December 31, 2008 and 2007 Expressed in millions of Rupiah, unless otherwise stated 108

42. PENSION AND SEVERANCE continued