MANAGEMENT STOCK OPTION PLAN

PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Years Ended December 31, 2007 and 2006 Expressed in millions of Rupiah, unless otherwise stated 99

33. INTEREST INCOME

Interest income was derived from the following: 2007 2006 Loans 12,629,787 11,319,184 Government Bonds 7,418,237 10,840,987 Securities 1,759,699 1,646,826 Placements with Bank Indonesia and other banks 755,716 1,067,532 Fees and commissions 695,800 603,709 Others 669,310 782,868 23,928,549 26,261,106 Included in interest income from loans and others is syariah income for the years ended December 31, 2007 and 2006 amounting to Rp1,051,145 and Rp825,107, respectively, with details as follows: 2007 2006 Murabahah income 553,286 492,689 Musyarakah income 200,090 189,779 Others 297,769 142,639 1,051,145 825,107 34. INTEREST EXPENSE Interest expense was incurred on the following: 2007 2006 Time deposits 6,466,082 11,459,892 Savings deposits 2,310,034 2,059,386 Demand deposits 1,251,732 1,325,764 Fund borrowings 332,657 331,809 Securities issued 269,636 251,972 Subordinated loans 162,473 129,704 Others 207,580 218,224 11,000,194 15,776,751 Included in interest expense from time and savings deposits is syariah expense for the years ended December 31, 2007 and 2006 amounting to Rp307,424 and Rp314,493, respectively.

35. OTHER OPERATING INCOME - OTHERS

2007 2005 Penalty 90,911 3,444 Stamp duty income 42,823 40,643 Safe Deposit Box 18,801 17,201 Others 248,734 290,057 401,269 351,345 PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Years Ended December 31, 2007 and 2006 Expressed in millions of Rupiah, unless otherwise stated 100

36. PROVISION FOR POSSIBLE LOSSES ON EARNING ASSETS

2007 2006 Provisionreversal of allowance for possible losses on: Current accounts with other banks Note 4e 2,731 4,101 Placements with other banks Note 5f 36,337 51,542 Securities Note 6g 22,773 30,839 Other receivables - trade transactions Note 8d 5,527 215,583 Securities purchased with agreements to resell Note 9b 25,000 8,600 Derivative receivables Note 10 467 874 Loans Note 11B.j 2,247,854 4,158,551 Acceptances receivable Note 12d 96,805 202,701 Investments in shares of stock Note 13c 318 327 2,113,994 3,671,788 37. REVERSAL OF ALLOWANCE FOR POSSIBLE LOSSES - OTHERS 2007 2006 Reversalprovision of allowance for: Possible losses on legal cases Note 28 106,619 154,427 Possible losses on fraud cases 107 51,018 Others assets Note 15 208,072 53,663 Others 1,783 22,837 313,015 128,945

38. GAINSLOSSES FROM INCREASEDECREASE IN VALUE OF SECURITIES AND GOVERNMENT BONDS

2007 2006 Securities 15,129 8,318 Government Bonds 29,190 101,063 14,061 109,381 39. GAINS FROM SALE OF SECURITIES AND GOVERNMENT BONDS 2007 2006 Securities 43,504 94,286 Government Bonds 184,994 43,256 228,498 137,542