Pension continued PENSION AND OTHER POST-RETIREMENT BENEFITS

PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued DECEMBER 31, 2010 AUDITED AND MARCH 31, 2011 UNAUDITED AND THREE MONTHS PERIOD ENDED MARCH 31, 2010 AND 2011 UNAUDITED Figures in tables are presented in millions of Rupiah, unless otherwise stated 91

41. PENSION AND OTHER POST-RETIREMENT BENEFITS

continued

a. Pension continued

1. The Company continued The components of net periodic pension costs are as follows: December 31, March 31, 2010 2011 Service costs 330,734 98,946 Interest costs 1,199,971 324,759 Expected return on plan assets 1,286,718 360,248 Amortization of prior service costs 312,074 67,934 Recognized actuarial gain 124,407 34,976 Net periodic pension costs 431,654 96,415 Amount charged to subsidiaries under contractual agreements 1,484 362 Total net periodic pension costs less amounts charged to subsidiaries Note 34 430,170 96,053 2. Telkomsel Telkomsel provides a defined benefit pension plan to its employees. Under this plan, employees are entitled to pension benefits based on their latest basic salary or take-home pay and the number of years of their service. PT Asuransi Jiwasraya “Jiwasraya”, a state-owned life insurance company, manages the plan under an annuity insurance contract. Until 2004, the employees contributed 5 of their monthly salaries to the plan and Telkomsel contributed any remaining amount required to fund the plan. Starting 2005, the entire contributions are fully made by Telkomsel. The following table reconciles the unfunded status of the plans with the amounts included in the consolidated statement of financial positions as of December 31, 2010 and March 31, 2011: December 31, March 31, 2010 2011 Projected benefits obligation 662,802 694,538 Fair value of plan assets 245,985 247,762 Unfunded status 416,817 446,776 Unrecognized items in the consolidated statement of financial position: Unrecognized prior service costs 639 611 Unrecognized net actuarial losses 268,289 270,688 Accrued pension benefits costs 147,889 175,477 PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued DECEMBER 31, 2010 AUDITED AND MARCH 31, 2011 UNAUDITED AND THREE MONTHS PERIOD ENDED MARCH 31, 2010 AND 2011 UNAUDITED Figures in tables are presented in millions of Rupiah, unless otherwise stated 92

41. PENSION AND OTHER POST-RETIREMENT BENEFITS