4.4 1.7 1.9 4.0 10.9 13.0 11.5 9.5 9.3 8.7 9.4 10.5 9.1 6.3 8.9 4.6 4.6 5.1 Mandiri - Investor Relations - Corporate Presentations

10 Savings deposit volume begins to recover

15. 3

16. 6

16. 6

18. 17.

6 19. 7 19. 8 22. 1 22. 3 24. 4 25. 1 29. 6 28. 9 31. 9 33. 4 40. 5 40. 5 42. 3 44. 6 52.

49. 5

47. 8

44. 2

45. 2

22.7 27.1 30.6 10.3 16.2 11.7 11.0 22.8 16.0 16.8 17.4 16.9 13.5 11.5 11.2 15.2 Q1 Q3 Q1 1 Q3 1 Q1 2 Q3 2 Q1 3 Q3 3 Q1 4 Q3 4 Q1 5 Q3 5 Savings Deposits Rp tn As of Total Deposits National Share of Savings Deposits

3.7 6.1

3.7 3.4 3.5

6.0 4.8

4.3 9.5

6.9 5.3

10.6 11.4

6.8 8.4

13.9

6.4 17.1

11.9

7.8 13.1

8.5 7.4

17.0 Rp DD Rp Savings Rp TD 1 Mo. SBIs Savings Deposit Growth Average Quarterly Deposit Costs SBI TD SD DD

2.7 2.4

0.8 0.5

1.4 4.4

2.6 1.7

1.1 1.9

2.1 4.0

Q1 2 Q2 2 Q3 2 Q4 2 Q1 3 Q2 3 Q3 3 Q4 3 Q1 4 Q2 4 Q3 4 Q4 4 Q1 5 Q2 5 Q3 5 Q4 5 FX DD FX TD FX TD FX DD 11 Margins contracted as funding needs rapidly drove up costs All figures - Bank Only

2. 6

2. 5

3. 2.

4 2. 5 3. 3. 3. 9 2. 9 2. 9 3. 4 2. 8 3.

3. 3

3. 3

3. 7

4. 7

4. 5

4. 4. 3 4. 3 3. 6 3. 8 3. 6 0. 8 0. 8 1. 8 2. 2 1. 1 1. 5 1. 7 2. 2 2. 1 2.

2. 5

2. 2

2. 2

2. 5

3. 2

3. 2

4. 2

4. 2

3. 8

4. 1

4. 1

3. 4

3. 7

3. 4

Q1 Q2 Q3 Q4 Q1 1 Q2 1 Q3 1 Q4 1 Q1 2 Q2 2 Q3 2 Q4 2 Q1 3 Q2 3 Q3 3 Q4 3 Q1 4 Q2 4 Q3 4 Q4 4 Q1 5 Q2 5 Q3 5 Q4 5 Spread NIM

11.3 10.9

11.9 13.0

12.3 12.612.8

13.0 13.9

13.613.5 13.0

11.8 11.5

10.4 9.5 9.3

8.8 8.7

8.2 9.4

10.7 10.5

10.110.1 10.8 11.211.111.1 10.8 11.811.6 11.010.8

9.6 9.1

7.2 6.3

5.7 8.9

8.4 7.3

4.8 4.6

4.8 4.6

4.6 5.1

Yield on Assets Cost of Funds 12 Quarterly Margin Analysis by Currency Quarterly Rupiah Margins Quarterly Foreign Currency Margins

1. 4

1. 2

1. 6

2. 4

2. 5

2. 4

2. 1

2. 5

3. 9

4. 3.

5 4. 1 3. 6 3.

2. 5

1. 9

3. 7

4. 1

2. 1

2. 6

2. 4

3. 5

4. 5

1. 4

15.9 14.1 18.3 18.9 11.9 13.3 10.2 8.2 10.2 14.0 17.6 12.5 11.9 7.4 8.5 13.1 17.6 14.0 5.4 7.3 11.7 14.4 11.1 7.7 Q1 Q3 Q1 1 Q3 1 Q1 2 Q3 2 Q1 3 Q3 3 Q1 4 Q3 4 Q1 5 Q3 5 Avg Spread Avg Loan Yield Avg Bond Yield Avg 1-Mo. SBI Avg COF

0. 5

1. 6

0. 4

-0 .5

0. 8

1. 1. 6 2. 9 3. 4 2. 5 1. 3 0. 1 -0 .2 0. 8 2. 2 1. 4 0. 6 0. 2 -2 .9 3.

2. 9

3. 1.

4 3.

1 5.8 7.3 6.5 11.8 5.7 5.6 7.6 3.5 4.4

5.6

Q1 Q3 Q1 1 Q3 1 Q1 2 Q3 2 Q1 3 Q3 3 Q1 4 Q3 4 Q1 5 Q3 5 Avg Spread Avg Loan Yield Avg Bond Yield Avg USD 1Mo SIBOR Avg COF 13 Details of Q4 2004 2005 107.4 145.6 141.3 136.7 134.1 163.6 60.6 38.5 88.3 109.1 81.4 65.5 102.3 91.2 32.8 17.0 34.6 13.7 70.3 41.2 4.3 19.8 56.7 62.1 92.3 61.3 48.8 75.4 65.2 113.5 20.3 23.2 25.4 25.1 26.1 32.4 38.0 38.6 6.5 55.4 22.7 21.8 17.8 28.7 20.9 20.4 112.5 127.5 Q1 4 Q2 4 Q3 4 Q4 4 Q1 5 Q2 5 Q3 5 Q4 5 Credit Cards Transfer, Collection, Clearing Bank Reference Opening LC Bank Guarantees Fee from Subsidiaries Others Administration Fee for Deposit Loan 7.3 9.6 11.5 12.4 12.8 12.8 12.1 17.7 of Operating Income Non-loan Related Fees Commissions rebound Non-loan related fees commissions Non-Loan related fees commissionsTotal Operating Income Others include Custodian Trustee fees, Syndication, Mutual Funds, Payment Points, etc.

18.8 446.98