GENERAL continued c. Subsidiaries

PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued DECEMBER 31, 2004 AND 2005, AND FOR YEARS ENDED DECEMBER 31, 2004 AND 2005 Figures in tables are presented in millions of Rupiah, unless otherwise stated - 17

1. GENERAL continued

c. Subsidiaries continued PT Napsindo Primatel Internasional “Napsindo” Napsindo is engaged in providing “Network Access Point” NAP, “Voice Over Data” VOD and other related services. Based on the notarial deed No. 47 dated December 30, 2002 of Notary H. Yunardi, S.H., the Company purchased 28 of Napsindos shares from PT Info Asia Sukses Makmur Mandiri for US4.9 million equivalent to Rp43,620 million, thereby increasing the Companys ownership interest from 32 to 60 after the settlement of payment on January 28, 2003. PT Infomedia Nusantara “Infomedia” Infomedia is engaged in providing telecommunications information services and other information services in the form of print and electronic media. In 2002, Infomedia established a new line of business to provide call center services. PT Pro Infokom Indonesia “PII” On January 29, 2003, the Company together with PT Indonesia Comnets Plus, a subsidiary of Perusahaan Perseroan Persero PT Perusahaan Listrik Negara “PLN”, and PT Prima Infokom Indonesia established PT Pro Infokom Indonesia “PII”. The establishment was notarized by deed of A. Partomuan Pohan, S.H., LLM., notary in Jakarta, under Article of Association No. 24, dated January 29, 2003. PII was established to develop a national information network system as the back-bone for the development of the Indonesian e-Government. PII was intended to maximize the utilization of both the Company’s and PLN’s existing infrastructures. On January 20, 2005, the Company sold its entire 51 equity interest in PII to PT Prima Infokom Indonesia for Rp471 million. The revenues and expenses of PII as well as the related loss on the sale of the subsidiary were not significant to the consolidated statement of income. Telekomunikasi Selular Finance Limited “TSFL” Telkomsel has 100 direct ownership interest in TSFL, a company established in Mauritius on April 22, 2002. TSFLs objective is to raise funds for the development of Telkomsels business through the issuance of debenture stock, bonds, mortgages or any other securities. PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued DECEMBER 31, 2004 AND 2005, AND FOR YEARS ENDED DECEMBER 31, 2004 AND 2005 Figures in tables are presented in millions of Rupiah, unless otherwise stated - 18

1. GENERAL continued