List of the 20 Biggest Public Shareholders

87 PT Telkom Indonesia Persero Tbk Date Corporate Actions Share Ownership Composition Government of the Republic Indonesia Publik 11131995 Pre Initial Public Ofering Pre-IPO 8,400,000,000 100.0 - - Sale of Governments shares 933,334,000 - 933,334,000 - New shares issued by Telkom - - 933,333,000 - Share Ownership Composition 7,466,666,000 80.0 1,866,667,000 20.0 12111996 Block Sale of Governments shares 388,000,000 - 388,000,000 - Share Ownership Composition 7,078,666,000 75.8 2,254,667,000 24.2 05151997 Distribution of incentive shares by the Government to public shareholders 2,670,300 - 2,670,300 - Share Ownership Composition 7,075,995,700 75.8 2,257,337,300 24.2 571999 Block Sale of Governments shares 898,000,000 - 898,000,000 - Share Ownership Composition 6,177,995,700 66.2 3,155,337,300 33.8 821999 Distribution of bonus shares emission every 50 shares acquire 4 shares 494,239,656 - 252,426,984 - Share Ownership Composition 6,672,235,356 66.2 3,407,764,284 33.8 1272001 Block Sale of Governments shares 1,200,000,000 - 1,200,000,000 - Share Ownership Composition 5,472,235,356 54.3 4,607,764,284 45.7 07162002 Block Sale of Governments shares 312,000,000 - 312,000,000 - Share Ownership Composition 5,160,235,356 51.2 4,919,764,284 48.8 1012004 Stock Split 1:2 10,320,470,712 51.2 9,839,528,568 48.8 12212005 Share repurchase program I1 - - 211,290,500 - Share Ownership Composition 10,320,470,712 51.7 9,628,238,068 48.3 06292007 Share repurchase program II2 - - 215,000,000 - Share Ownership Composition 10,320,470,712 52.3 9,413,238,068 47.7 20062008 Share repurchase program III3 - - 64,284,000 - Share Ownership Composition 10,320,470,712 52.5 9,348,954,068 47.5 05192011 Share repurchase program IV4 - - 520,355,960 - Share Ownership Composition 10,320,470,712 53.9 8,828,598,108 46.1 06142013 Transferred a portion of Share repurchase program III to employees through ESOP Program - - 59,811,400 0.3 Share Ownership Composition 10,320,470,712 53.7 8,888,409,508 46.3 07302013 Transferred share repurchase program I by private placement - - 211,290,500 - Share Ownership Composition 10,320,470,712 53.1 9,099,700,008 46.9 922013 Stock Split 1:5 51,602,353,560 53.1 45,498,500,040 46.9 06132014 Transferred share repurchase program I by private placement - - 1,075,000,000 - Share Ownership Composition 51,602,353,560 52.6 46,573,500,040 47.4 12212015 Transferred share repurchase program III by private placement - - 22,363,000 - Share Ownership Composition 51,602,353,560 52.5 46,595,863,040 47.5 1 The irst share repurchase program started on December 21, 2005 the date of the Extraordinary General Meeting of Shareholders at which the program was approved and ended in June 2007. 2 The second share repurchase program started on June 29, 2007 the date of the Extraordinary General Meeting of Shareholders at which the program was approved and ended in June 2008. 3 The third share repurchase program started on June 20, 2008 the date of the Extraordinary General Meeting of Shareholders at which the program was approved and ended in December 2009. 4 The fourth share repurchase program started on May 19, 2011 the date of the Annual General Meeting of Shareholders at which the program was approved and ended in November 2012. CHRONOLOGY OF STOCK ISSUED 88 PT Telkom Indonesia Persero Tbk

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 ofering 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 stock to its employees as part of the 2012 annual incentives. The 59,811,400 equal to 299,057,000 shares after stock split treasury stock transferred to 24,993 employees which had a total fair value of Rp661 billion. As of March 21, 2016, 110,256,210 of our shares were owned by 14,373 of our employees and our retirees. In 2014 and 2015, we did not conduct the ESOP.

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

As of December 31, 2015, our treasury stock balance is 2,601,779,800 common stock shares, equivalent to 2.6 of our issued and outstanding common stock which comprise of Share Buyback Phase IV. The nominal value of the has considered the results of the stock split ratio 1:5, which became efective September 2, 2013. See Note 24 to our Consolidated Financial Statement. share Buy Back program Accordance with purchase period Total Number of shares purchased Average price paid per share in Rp use or Diversion Total Number of shares useDiversion use Diversion price in Rp use Diversion Date SBB I EGMS December 21, 2005 December 21, 2005 - June 20, 2007 1,056,452,500 1,731 Private Placement 1,056,452,500 2,280 July 30, 2013 SBB II AGMS June 29, 2007 June 29, 2007 - December 28, 2008 1,075,000,000 1,832 Private Placement 1,075,000,000 2,405 June 13, 2014 SBB III AGMS June 20, 2008 June 20, 2008 - December 20, 2009 321,420,000 1,448 ESOP 299,057,000 2,143 April 19, 2013 Block trade and crossing 22,363,000 3,060 December 21, 2015 SBB IV AGMS May 19, 2011 May 19, 2011 - November 20, 2012 2,601,779,800 1,461 - - - - 89 PT Telkom Indonesia Persero Tbk CHRONOLOGY OF OTHER SECURITIES Chronology of Bonds The Company issued bonds worth Rp1,000 billion at July 16, 2002, at a nominal price for a period of ive years. These bonds bear ixed 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 efectively 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 Rp1,005 billion for Series A with a term of ive years and Rp1,995 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. Telkom’s Bond II Serie A already matured and were repaid on July 6, 2015. On June 16, 2015, the Company issued Continuous Bonds I Telkom Phase I 2015, with a nominal amount Rp2,200 billion for Series A, a seven-year period, Rp2,100 billion for Series B, a ten-year period, Rp1,200 billion for Series C, a ifteen- year period and Rp1,500 billion for Series D, a thirty-year period, respectively. 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 Peindo on March 10, 2016, provides idAAA bond rating stable outlook on Telkom’s Bond I 2015 and Telkom’s Bond II Serie B 2010 for period of March 8, 2015 to March 1, 2017. CAPITAL MARKET SUPPORTING PROFESSIONAL Capital Market Supporting Professional Address Service Assignment Period External Auditor KAP Purwantono, Sungkoro Surja a member irm of Ernst Young Global Limited Bursa Efek Jakarta Building Tower 2, 7th Floor Jalan Jenderal Sudirman Kav. 52-53 Jakarta - 12100 Conducted Integrated Audit of PT Telkom Indonesia Persero Tbk “Telkom” and General Audit over the inancial statement of subsidiary. The issuance of Consent Letter. 2015, 2014, 2013,2012 Administration Securities Bureau PT Datindo Entrycom Wisma Sudirman Jl.Jendral Sudirman Kav 34-35 Jakarta - 10220 Acts as Custodian of Telkom common stocks which being traded in Indonesia Stock Exchange. Since IPO Telkom 1995 Trustee PT Bank CIMB Niaga Tbk. Graha Niaga, 20th Floor Jl. Jend. Sudirman Kav. 58 Jakarta - 12190 Represents the interest of Bondholders with the Company for bonds II Telkom. 2010 PT Bank Permata Tbk. WTC II Building 28th Floor Jl. Jend. Sudirman Kav. 29-31 Jakarta 12920 Represents the interest of Bondholders with the COmpany for bonds I Telkom. 2015