Shareholders with Less than 5 Ownership

1. Employee Stock Ownership Program

The Employee Stock Ownership Program “ESOP” is an employee-owner scheme that provides our employee with an ownership interest in our Company. At our initial public offering on November 14, 1995, a total of 116,666,475 shares were issued to 43,218 employees. On June 14, 2013, the Company transferred a portion of the treasury As of December 31, 2012, we had repurchased 5,054,652,300 common stock shares, equivalent to 5.0 of our issued and outstanding common stock, at an aggregate repurchase price of Rp8,067 billion, excluding broker and custodian fees. Under our repurchase program, we repurchased 591,882,500 shares in 2006, 631,820,000 shares in 2007, 1,229,170,000 shares in 2008, 1,415,427,300 shares in 2011 and 1,186,352,500 shares in 2012. In last program, SBB IV in 2011 and 2012, we repurchased 2,601,779,800 common stock shares at an aggregate repurchase price Rp3,803 billion. On April 19, 2013 in accordance with the Resolution of the AGMS and regard with clause 4 letter a number 3 Bapepam-LK XI.B.2 we executed the transfer of 299,057,000 shares of Series B from Share Buyback Phase III through Employee Stock Ownership Program. On July 30, 2013, we sold 1,056,452,500 shares which are part of Share Buyback Phase I by private placement. The selling price was Rp2,280 per share, which is not lower than Rp1,731 per share which is the average repurchase price of treasury stock, Rp2,258 per share which is the average closing price for the last 90 ninety days before the sale, and Rp2,280per share, which is the closing price on the day before the selling date. On June 13, 2014, we sold 1,075.000,000 shares which are part of Share Buyback Phase II by private placement. The selling price after stock split was Rp2,405 per share, which is not lower than Rp1,832 per share which is the average repurchase price of treasury stock, Rp2,330 per share which is the average closing price for the last 90 ninety days before the sale, and Rp2,405 per share, which is the closing price on the day before the selling date. stock to its employees as part of the 2012 annual incentives. The 59,811,400 equal to 299,057,000 shares after stock split reasury stock transferred to 24.993 employees which had a total fair value of Rp661 billion. As of December 31, 2014, 139,140,110 of our shares were owned by 16,805 of our employees and our retirees. In 2014, we did not conduct the ESOP.

2. Purchases of Equity Securities by The Issuer and Affiliated Purchasers

Share Buy Back Program Accordance with Purchase Periode Total Number of Shares Purchased Average Price Paid per Share in Rp Total Number of Shares Purchased as Part of Publicly Announced Plans Maximum Number of Shares that May Yet Be Purchased Under the Plans SBB I EGMS December 21, 2005 December 21, 2006 - June 20, 2007 1,056,452,500 1,731 1,056,452,500 - SBB II AGMS June 29, 2007 June 29, 2007 - December 28, 2008 1,075,000,000 1,832 1,075,000,000 - SBB III AGMS June 20, 2008 June 20, 2008 - December 20, 2009 321,420,000 1,448 321,420,000 - SBB IV AGMS May 19, 2011 May 19, 2011 - November 20, 2012 2,601,779,800 1,461 2,601,779,800 - 89 2014 Annual Report PT Telkom Indonesia Tbk Persero As of December 31, 2014, our treasury stock balance is 2,624,142,800.0 common stock shares, equivalent to 2.6 of our issued and outstanding common stock which comprise of Share Buyback Phase IV with average repurchase price after stock split were Rp1,454, excluding broker and custodian fees. See Note 25 to our Consolidated Financial Statement. The nominal value of the above has considered the results of the stock split 1: 5, which became effective September 2, 2013.

C. Chronology of Bonds

The Company issued bonds worth Rp 1.000 billion at July 16, 2002, at a nominal price for a period of five years. These bonds bear fixed interest of 17 per annum, payable quarterly since October 16, 2002. The bonds are traded on the Surabaya Stock Exchange with maturity date on July 16, 2007. The trustee of the bonds is BRI, which since January 17, 2006 effectively replaces BNI. PT Kustodian Sentral Efek act as custodian. The Company has made the settlement of the debt bonds on July 16, 2007. We issued the second Rupiah bonds on June 25, 2010, respectively Rp 1.005 billion for Series A with a term of five years and Rp 1.995 billion for Series B with a period of ten years. The issuance of bonds were listed on the Indonesia Stock Exchange with the bond underwriters PT Bahana Securities, PT Danareksa Sekuritas, and PT Mandiri Sekuritas. The trustees are PT CIMB Niaga Tbk., PT Pemeringkat Efek Indonesia Pefindo on December 31, 2014, provides id AAA bond rating Triple A. 90 2014 Annual Report PT Telkom Indonesia Tbk Persero FINANCIAL AND PERF ORMANCE HIGHLIGHT MANA GEMENT REPOR T PREF A GENERAL INF ORMA TION OF TELK OM INDONE SIA MANA GEMENT’S DISCUSSION AND ANAL Y SIS CORPORA TE GO VERNANCE SOCIAL AND ENVIRONMENT AL RE SPONSIBILITY APPENDICE S