LOANS continued 2004 12 Full Audited Financial Statements w Notes

PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS December 31, 2004 and 2003, and April 30, 2003 Expressed in millions of Rupiah, unless otherwise stated 57

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A. Details of loans: continued c By Economic Sector and Rating: continued April 30, 2003 Special Sub- Current Mention standard Doubtful Loss Total Rupiah: Manufacturing 12,677,780 3,604,325 321,520 43,990 571,594 17,219,209 Agriculture 3,700,433 1,872,285 443,176 351,367 165,040 6,532,301 Trading, restaurant and hotel 3,930,620 1,079,164 84,147 130,278 331,529 5,555,738 Transportation, warehousing and communications 2,867,663 880,136 39,258 5,378 39,783 3,832,218 Business services 2,280,829 660,345 58,707 28,591 109,671 3,138,143 Construction 995,501 899,910 92,409 4,247 78,730 2,070,797 Social services 224,965 28,990 2,853 328,419 4,268 589,495 Mining 148,003 73,961 8,874 5,097 1,002 236,937 Electricity, gas and water 130,323 1,975 9,500 195 241 142,234 Others 2,063,562 282,064 22,349 12,127 45,346 2,425,448 29,019,679 9,383,155 1,082,793 909,689 1,347,204 41,742,520 Foreign Currency: Manufacturing 10,320,710 3,470,520 74,665 406,074 1,612,849 15,884,818 Agriculture 829,217 619,293 2,922 - - 1,451,432 Trading, restaurant and hotel 1,335,393 465,565 252,850 - 249,123 2,302,931 Transportation, warehousing and communications 372,275 241,428 - - - 613,703 Business services 1,103,609 747,165 7,263 62,163 512 1,920,712 Construction 1,071,685 479,510 - - 40,622 1,591,817 Social services 24,221 - - - - 24,221 Mining 1,611,481 52,507 - 17,133 30,293 1,711,414 Electricity, gas and water 1,003,740 299,838 - - - 1,303,578 Others 804,797 50,296 1,527 - 147 856,767 18,477,128 6,426,122 339,227 485,370 1,933,546 27,661,393 Total 47,496,807 15,809,277 1,422,020 1,395,059 3,280,750 69,403,913 Less: Allowance for possible losses 2,035,277 2,952,331 583,614 1,260,709 3,047,149 9,879,080 Deferred income 203,946 - - - - 203,946 45,257,584 12,856,946 838,406 134,350 233,601 59,320,887 The non-performing loans ratio consolidated gross basis as of December 31, 2004 and 2003, and April 30, 2003 was 7.10, 8.61 and 8.79, respectively Bank Mandiri only - 7.43, 8.84 and 8.95 as of December 31, 2004 and 2003, and April 30, 2003, respectively. The loans as of December 31, 2004 and 2003, and April 30, 2003 include the loans purchased from IBRA amounting to Rp5,075,309, Rp5,249,139 and Rp5,383,514, respectively, with an allowance for possible losses of Rp2,262,110, Rp2,091,445 and Rp1,136,736, respectively, and deferred income of Rp164,964, Rp209,573 and Rp203,946, respectively. PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS December 31, 2004 and 2003, and April 30, 2003 Expressed in millions of Rupiah, unless otherwise stated 58

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