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PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS June 30, 2004 and 2003, and April 30, 2003 Expressed in millions of Rupiah, unless otherwise stated 156

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c. Agreements on Procurement and Installation of Automatic Teller Machines ATMs On August 7, 2002, Bank Mandiri entered into an agreement with PT Multipolar Corporation Tbk. and PT NCR Indonesia for the procurement and installation of 357 units 337 Cash Dispensers CD units plus 20 ATM Drive Through DT units for a total of US6,987,977 full amount and Rp4,079. On March 2003, the contract was amended due to conversion of 15 DT units into 22 CD units from Rp4,079 to Rp4,117. As of June 30, 2004, 364 units 359 CDs plus 5 DTs had been installed and operated. On August 7, 2002, Bank Mandiri entered into an agreement with PT Mitra Integrasi Komputindo and PT Diebold Indonesia for the procurement and installation of 156 units 151 CDs plus 5 of DTs of ATMs for a total contract value of US2,955,093 full amount and Rp1,802. As of June 30, 2004, all ATMs had been received and 155 units 151 CDs plus 4 DTs had been installed and operated. The remaining one DT unit was still recorded under CIP. On May 29, 2003, Bank Mandiri entered into an agreement with PT Multipolar Corporation and PT NCR Indonesia for the procurement and installation of 225 ATM units 218 CDs plus 7 DTs for a total contract value of US4,317,967 full amount and Rp2,622. As of June 30, 2004, 218 CDs had been installed and operated. The remaining 7 DTs were still recorded under CIP. On May 29, 2003, Bank Mandiri entered into an agreement with PT Mitra Integrasi Komputindo and PT Diebold Indonesia for the procurement and installation of 225 ATM units 217 CDs plus 8 DTs for a total contract value of US4,214,072 full amount and Rp2,314. As of June 30, 2004, 219 217 CDs and 2 DTs had been installed and operated. The remaining 6 DTs were still recorded under CIP. On June 5, 2003, Bank Mandiri entered into an agreement with PT Siemens Indonesia and Wincor Nixdorf Pte. Ltd. for the procurement and installation of 50 CDs. As of June 30, 2004, all 50 CDs had been installed and operated. On June 16, 2004, Bank Mandiri entered into an agreement with PT Multipolar Corporation Tbk and PT NCR Indonesia for the procurement and installation of 160 ATMs with a contract value of US2,889,260 full amount and Rp806. On June 16, 2004, Bank Mandiri entered into an agreement with PT Multipolar Corporation Tbk and PT Diebold Indonesia for the procurement and installation of 60 ATMs with a contract value of US1,097,910 full amount and Rp205. On June 16, 2004, Bank Mandiri entered into an agreement with Wincor-Nixdorf Indonesia for the procurement and installation of 180 ATMs with a contract value of US2,996,730 full amount and Rp571. d. Agreement on Development and Operation of a National Development Information System SIPNAS On December 24, 2002, Bank Mandiri entered into an agreement with the Indonesian State Secretariat, to develop and operate a national development information system SIPNAS for an initial period of one year. SIPNAS is a system developed by the Indonesian Government to collect data and information for the Government’s decisions for integrated planning and national development. Based on the agreement, the State Secretariat will utilize the existing Bank’s communication network to develop and operate SIPNAS. Bank Mandiri has the potential benefit under this arrangement of being well placed to receive placements of funds from the Government Dana Alokasi Umum. Currently, a pilot project of the SIPNAS system has been implemented. PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS June 30, 2004 and 2003, and April 30, 2003 Expressed in millions of Rupiah, unless otherwise stated 157

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