PERJANJIAN PENTING lanjutan SIGNIFICANT AGREEMENTS continued

Laporan Tahunan 2016 335 PT Penjaminan Infrastruktur Indonesia Persero PT PENJAMINAN INFRASTRUKTUR INDONESIA PERSERO Lampiran - 542 - Schedule CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2016 Dinyatakan dalam ribuan Rupiah, kecuali dinyatakan lain NOTES TO THE FINANCIAL STATEMENT 31 DECEMBER 2016 Expressed in thousand of Rupiah, unless otherwise stated 22. PERJANJIAN PENTING lanjutan 22. SIGNIFICANT AGREEMENTS continued Perjanjian Penjaminan lanjutan Guarantee Agreement continued 3. Proyek Palapa Ring Tengah Pada tanggal 4 Maret 2016, Perusahaan menandatangani perjanjian penjaminan dengan PT LEN Telekomunikasi Indonesia “LTI” selaku Badan Usaha. Berdasarkan perjanjian penjaminan ini, Perusahaan berhak menerima imbal jasa penjaminan dari LTI berupa upfront fee pada saat ditandatanganinya perjanjian dan tanggal efektif penjaminan, sedangkan guarantee fee diperoleh sejak tanggal efektif dan selama mana yang lebih cepat dari 12 tahun setelah tanggal operasional komersial, tanggal berakhirnya perjanjian penjaminan atau tanggal berakhirnya PKS antara BU dan PJPK. 3. Central Package Palapa Ring Project On 4 March 2016, the Company entered into a guarantee agreement with PT LEN Telekomunikasi Indonesia “LTI” as the Investor. Based on this guarantee agreement, the Company is entitled to received fees from LTI in form of upfront fee at the signing date and effective date of guarantees, while guarantee fee is received on the effective date of guarantee and until whichever is earlier between 12 years after the date of commercial operation, the date of which the guarantee agreement is terminated or the date of which the cooperation agreement between the Investor and GCA is expired. Pada tanggal 30 Desember 2016, penjaminan proyek telah efektif dengan telah terpenuhinya seluruh persyaratan yang diatur dalam Perjanjian Penjaminan. Estimasi maksimum nilai penjaminan dari proyek ini adalah Rp 336 miliar nilai penuh yang meliputi kewajiban finansial atas Availability Payment dan 80 dari Biaya Pengakhiran yang ditanggung yang disetujui oleh LTI dan PJPK. On 30 December 2016, the guarantee of the project has been effective since all the requirements in the Guarantee Agreement have been fullfiled. Estimated maximum guarantee from this project is amounting to Rp 336 billlion full amount covering the financial liability of Availability Payment and 80 from termination cost approved by LTI and GCA. 4. Proyek Palapa Ring Timur Pada tanggal 29 September 2016, Perusahaan menandatangani perjanjian penjaminan dengan PT Palapa Timur Telematika “Palapa Timur” selaku Badan Usaha. Berdasarkan perjanjian penjaminan ini, Perusahaan berhak menerima imbal jasa penjaminan dari Palapa Timur berupa upfront fee pada saat ditandatanganinya perjanjian dan tanggal efektif penjaminan, sedangkan guarantee fee diperoleh sejak tanggal efektif dan selama mana yang lebih cepat dari 12 tahun setelah tanggal operasional komersial, tanggal berakhirnya perjanjian penjaminan atau tanggal berakhirnya PKS antara BU dan PJPK. Sampai dengan tanggal pelaporan, penjaminan proyek belum efektif. 4. Eastern Package Palapa Ring Project On 29 September 2016, the Company entered into a guarantee agreement with PT Palapa Timur Telematika “Palapa Timur” as the Investor. Based on this guarantee agreement, the Company is entitled to received fees from Palapa Timur in form of upfront fee at the signing date and effective date of guarantees, while guarantee fee is received on the effective date of guarantee and until whichever is earlier between 12 years after the date of commercial operation, the date of which the guarantee agreement is terminated or the date of which the cooperation agreement between the Investor and GCA is expired. As of the reporting date, the guarantee of the project has not been effective. 2016 Annual Report 336 PT Penjaminan Infrastruktur Indonesia Persero PT PENJAMINAN INFRASTRUKTUR INDONESIA PERSERO Lampiran - 543 - Schedule CATATAN ATAS LAPORAN KEUANGAN 31 DESEMBER 2016 Dinyatakan dalam ribuan Rupiah, kecuali dinyatakan lain NOTES TO THE FINANCIAL STATEMENT 31 DECEMBER 2016 Expressed in thousand of Rupiah, unless otherwise stated 22. PERJANJIAN PENTING lanjutan 22. SIGNIFICANT AGREEMENTS continued