SECURITIES SOLD WITH AGREEMENTS TO REPURCHASE continued

PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Years Ended December 31, 2007 and 2006 Expressed in millions of Rupiah, unless otherwise stated 75

24. SECURITIES ISSUED continued

Details of MTN are as follows: 2007 Interest Nominal Amount Type Maturity Tenor Rate US Equivalent ISIN No Arranger Date months Per Annum full amount Rupiah MTN Credit Suisse First XS0167272375 Boston Europe Ltd., London, April 22, 2008 60 7.00 299,466,824 2,812,892 UBS Hong Kong and PT Mandiri Sekuritas Less: - Securities issued and held by Bank Mandiri and Subsidiaries 10,017,641 94,096 289,449,183 2,718,796 - Unamortized discount 96,115 903 289,353,068 2,717,893 2006 Interest Nominal Amount Type Maturity Tenor Rate US Equivalent ISIN No Arranger Date months Per Annum full amount Rupiah MTN Credit Suisse First XS0167272375 Boston Europe Ltd., London, April 22, 2008 60 7.00 294,278,375 2,649,388 UBS Hong Kong and PT Mandiri Sekuritas Less: - Securities issued and held by Bank Mandiri and Subsidiaries 10,075,134 90,706 284,203,241 2,558,682 - Unamortized discount 406,575 3,660 283,796,666 2,555,022 On October 31, 2003, Bank Syariah Mandiri, a subsidiary, issued five-year Syariah Mudharabah bonds amounting to Rp200,000. The profit sharing on such bonds is payable every 3 months with the first payment being made on January 30, 2004 while the maturity of the Syariah Mudharabah bonds is on October 31, 2008. The profit on sharing will be taken from the margin revenue of Bank Syariah Mandiri obtained from its quarterly murabahah portfolio. Bank Mandiri issued Senior Notes amounting to US300,000,000 full amount at 99.482 of nominal value with a coupon of 7.00 per annum, which mature on April 22, 2008. The US300,000,000 full amount MTNs are hedged with an interest rate swap instrument. The MTNs are recognized at their fair value as adjusted by the hedging transaction, which fair value adjustment as of December 31, 2007 and 2006 decreased by Rp5,008 or equivalent to US533,176 full amount and Rp51,512 or equivalent to US5,721,625 full amount. On January 25, 2007 Bank Syariah Mandiri offered and sold on a limited basis Subordinated Notes Syariah Mudharabah 2007 Subnotes Bank with maximum nominal value amounting to Rp200,000. The Subnotes Bank’s will have term of 10 years with call option on the fifth year after the issuance date. The Subnotes Bank holder’s Nisbah indication is 21.93 from profit sharing. The Subnotes Bank profit sharing is paid every 3 three months since the issuance date. On April 5, 2007 Subnotes Bank has been realized amounting to Rp200,000. The Subordinated Notes Bank will mature in year 2017.