OFF-BALANCE SHEET ARRANGEMENTS TABULAR DISCLOSURE OF CONTRACTUAL OBLIGATIONS

- 76 - D. The significant trends, or developments that have had in recent years, and may have in the future, a material impact on our results of operations, financial condition and capital expenditures, include i an increase in cellular telephone revenues with increases in subscribers, minutes of use, ARPU and regulatory aspects ii an increase in revenues from data, internet and information technology services revenues, and iii a decrease in fixed lines telephone revenues. See “Operating Results”. We believe favorable external factors, among others, will support our ability to continue to drive revenue growth from data, internet and information technology services as well as from mobile phone services. Indonesias economy recorded a relatively robust growth in recent years despite a sluggish global economy. With good economic fundamentals, Indonesia’s national economy is expected to continue to grow steadily, with a corresponding increase in consumer purchasing power, which in turn is expected to result in higher demand for telecommunications services, for both basic telecommunications services as well as the more sophisticated value-added services that are part of the increasingly prevalent digital lifestyle in modern societies. In the longer term, Indonesia’s economy is also expected to enjoy support from Government initiatives such as the Master Plan for the Acceleration and Expansion of Indonesia’s Economic Development, which was launched in 2011. One of the three pillars of the master plan is development of national connectivity, including development of the information and communication technology sector. This is in line with our IDN program and our strategic initiative on the development of our Nusantara Superhighway project i.e. the Palapa ring project known as id-Ring, an optical-based network of six interconnected rings which links Indonesia’s main island groups, namely the Sumatra ring, the Java ring, the Kalimantan ring, the Sulawesi ring, the Bali and Nusa Tenggara ring and the Maluku and Papua ring. We expect that the development of this extensive telecommunication network connecting all the six major economic corridors will allow us to offer more value-added services, and to reach more customers in a much larger scale, as well as provide opportunities for our products and services in the IMES areas. We believe the shift in consumer preferences towards a digital lifestyle will be a key factor that we expect will drive our business in the future. We believe this will lead to continuing increase in broadband demand including mobile broadband, compensating for the decline of our legacy business both fixed wireline and cellular telephone revenues and SMS revenues. We expect the increase in demand for data communications and corporate internet to continue next year as we increase our capacity to cover more small and medium enterprises.

E. OFF-BALANCE SHEET ARRANGEMENTS

As of December 31, 2013, we had no off-balance sheet arrangements that were reasonably likely to have a current or future material effect on our financial position, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources.

F. TABULAR DISCLOSURE OF CONTRACTUAL OBLIGATIONS

The following table sets forth information on certain of our material contractual obligations as of December 31, 2013. Contractual Obligations By Payment Due Dates Total Less than 1 year 7 1-3 years 7 3-5 years 7 More than 5 years 7 Rp billion Rp billion Rp billion Rp billion Rp billion Long-Term Debts 15 14,855 4,445 5,405 1,756 3,249 Capital Lease Obligations 2 4,969 648 1,060 1,097 2,164 Operating Leases Obligation 3 14,037 1,845 3,270 3,095 5,827 Interest on Long-term Debts and Capital Lease Obligations 6 5,348 1,424 1,856 1,159 909 Unconditional Purchase Obligations 4 18,461 18,461 - - - Total 57,670 26,823 11,591 7,107 12,149 1 See Notes 18-19 to our Consolidated Financial Statements. 2 Related to the leases of the slot of the tower, property and equipment under RSA, transmission installation and equipment, data processing equipment, office equipment, vehicles and CPE assets. 3 Related primarily to leases of slot of the tower, leased line, telecommunication equipment and land and building. 4 Capital expenditures committed under contractual arrangements. 5 Excludes the related contractually committed interest obligations. 6 See “Item 3 Key Item Information – Selected Financial Data – Risk Factors – Risks Related to Our Business – Financial Risks – We are exposed to interest rate risk”. - 77 - 7 See Note 38 to our Consolidated Financial Statements for further details on our contractual commitments. In addition to the above contractual obligations, as of December 31, 2013, we had long-term liabilities for pension benefit and other post-employment benefits and long service awards. In 2013, we contributed Rp471 billion to our other post-employment benefits plan and Rp182 billion to our defined benefit pension plan. See Note 33 to our Consolidated Financial Statements.

G. SAFE HARBOR