RELATED PARTY TRANSACTIONS continued

PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS UNAUDITED continued SEPTEMBER 30, 2007 AND 2008, AND NINE MONTHS PERIOD ENDED SEPTEMBER 30, 2007 AND 2008 Figures in tables are presented in millions of Rupiah, unless otherwise stated 95

44. RELATED PARTY TRANSACTIONS continued d. Others continued

xv The Company has seconded a number of its employees to related parties to assist them in operating their businesses. In addition, the Company provides to certain of its related parties, the right to use its buildings free of charge. xvi Telkomsel has procurement agreements with Gratika, a subsidiary of Dapen, for installation and maintenance of equipment. Total procurement for installations of equipment amounted to Rp.123,494 million and Rp.33,481 million for the nine months period ended September 30, 2007 and 2008, respectively, representing 1.02 and 0.28, respectively, of total acquisition of fixed assets in each period.; and for maintenance of equipment amounted to Rp.29,021 million and Rp.27,329 million for the nine months period ended September 30, 2007 and 2008, respectively, representing 0.11 and 0.10, respectively, of total operating expenses in each period. Presented below are balances of accounts with related parties: 2007 2008 to to Amount total assets Amount total assets

a. Cash and cash equivalents Note 5

2,748,165 3.58 4,495,784 5.23

b. Temporary investments

177,879 0.23 270,650 0.31

c. Trade receivables - net Note 6 567,612

0.74 393,465

0.46 d.

Other receivables State-owned banks interest 11,154 0.02 28,863 0.03 Patrakom 2,769 0.00 4,713 0.01 Kopegtel 3,857 0.01 3,841 0.00 Government Agencies 2,010 0.00 2,333 0.00 Other 3,175 0.01 354 0.00 Total 22,965

0.04 40,104

0.04 e.

Prepaid expenses Note 8 24,522

0.03 116,378

0.14 f.

Restricted time deposits Note 9 8,460

0.01 21,044

0.02 g.

Advances and other non-current assets Note 13 Kisel - - 1,088 0.00 Perusahaan Umum Percetakan Uang Republik Indonesia Peruri 813 0.01 813 0.00 Bank Mandiri 92,279 0.12 793 0.00 BNI - - 721 0.00 Total 93,092

0.13 3,415

0.00 h.

Escrow accounts Note 15 - - 42,572 0.05 PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS UNAUDITED continued SEPTEMBER 30, 2007 AND 2008, AND NINE MONTHS PERIOD ENDED SEPTEMBER 30, 2007 AND 2008 Figures in tables are presented in millions of Rupiah, unless otherwise stated 96

44. RELATED PARTY TRANSACTIONS continued

2007 2008 to total to total Amount liabilities Amount liabilities

i. Trade payables Note 16

Government Agencies 1,294,944 3.53 1,221,004 2.74 Kopegtel 69,832 0.19 72,148 0.16 Yakes 2,126 0.01 43,110 0.10 INTI - - 29,214 0.07 Indosat 56,919 0.16 27,030 0.06 SPM 11,707 0.03 7,902 0.02 Gratika 6,714 0.02 5,538 0.01 PSN 1,473 0.01 4,634 0.01 Others 177,374 0.48 105,530 0.24 Total 1,621,089

4.43 1,516,110

3.41 j.

Accrued expenses Note 17 Employees 965,078 2.63 769,754 1.72 Government Agencies and state-owned banks 83,893 0.23 66,880 0.15 PT Jaminan Sosial Tenaga Kerja Persero Jamsostek - - 20,310 0.05 Jasindo - - 93 0.00 Total 1,048,971

2.86 857,037

1.92 k.

Short-term bank loans Note 19 BNI 500,000 1,36 - - Bank Mandiri 200,000 0.54 - - Total 700,000

1.90 -

- l. Two-step loans Note 21 4,179,001

11.39 3,905,478

8.75 m. Accrued LSA Note 42

66,743 0.18 83,630 0.19

n. Accrued post-retirement health care

benefits Note 43 2,708,854

7.38 2,645,150

5.93 o.

Long-term bank loans Note 23 BNI 680,000 1.85 3,460,000 7.75 BRI 400,000 1.09 3,448,300 7.73 Bank Mandiri 1,270,000 3.46 1,210,000 2.71 Total 2,350,000

6.40 8,118,300

18.19