ADDITIONAL PAID-IN CAPITAL June 30,

PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of June 30, 2016 and For the Six Months Period Then Ended unaudited Figures in tables are expressed in billions of rupiah, unless otherwise stated 68

20. TREASURY STOCK continued

In 2012, the Company bought back 237,270,500 shares equal to 1,186,352,500 shares after stock split from the public part of stock repurchase program phase IV for Rp1,744 billion. In the AGM on April 19, 2013, the Companys stockholders approved the change to the plan for the treasury stock phase III, which was decided to be used for the implementation of the Employee Stock Ownership Program “ESOP” for the ye ar 2013. On July 30, 2013, the Company resold 211,290,500 shares equal to 1,056,452,500 shares after stock split of treasury stock phase I with fair value amounting to Rp2,368 billion net of related costs to sell the shares. The excess amounting to Rp544 billion in value of the treasury shares sold over their acquisition cost was recorded as additional paid-in capital Note 19. On June 13, 2014, the Company resold 215,000,000 shares equal to 1,075,000,000 shares after stock split of treasury stock phase II with fair value amounting to Rp2,541 billion net of related costs to sell the shares. The excess amounting to Rp576 billion in value of the treasury stock sold over their acquisition cost was recorded as additional paid-in capital Note 19. On December 21, 2015, the Company resold 4,472,600 shares equal to 22,363,000 shares after stock split of treasury stock phase III with fair value amounting to Rp68 billion net of related costs to sell the shares. The excess amounting to Rp36 billion in value of the treasury stock sold over their acquisition cost was recorded as additional paid-in capital Note 19. On June 29, 2016, the Company resold 172,800,000 shares equal to 864,000,000 shares after stock split of treasury stock phase IV with fair value of Rp3,258 billion net of related costs to sell the shares. The excess amounting to Rp1,996 billion in value of the treasury stock sold over their acquisition cost was recorded as additional paid-in capital Note 19.

21. OTHER EQUITY RESERVES June 30,

December 31, 2016 2015 The difference in equity transaction of associates 386 386 Unrealized gain on available-for-sale securities 42 38 Transalation adjustments 463 543 The difference in acquisition of non controlling ownership interest in subsidiaries 637 508 Other equity components 49 49 Total 303 508 PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of June 30, 2016 and For the Six Months Period Then Ended unaudited Figures in tables are expressed in billions of rupiah, unless otherwise stated 69

22. REVENUES 2016

2015 Telephone revenues Cellular Usage charges 17,905 17,006 Monthly subscription charges 201 216 Features 1 457 18,107 17,679 Fixed lines Usage charges 2,040 2,388 Monthly subscription charges 1,654 1,447 Call center 142 136 Others 44 50 3,880 4,021 Total telephone revenues 21,987 21,700 Interconnection revenues Domestic interconnection 940 1,335 International interconnection 939 901 Total interconnection revenues 1,879 2,236 Data, internet, and information technology service revenues Celullar internet and data 14,617 8,514 Internet, data communication and information technology services 7,411 6,312 Short Messagin g Services “SMS” 6,997 7,101 Pay TV 514 114 Others 96 84 Total data, internet, and information technology service revenues 29,635 22,125 Network revenues Leased lines 207 240 Satellite transponder lease 341 239 Total network revenues 548 479 Other telecommunications revenues Sales of handset 740 778 Call center service 363 345 Tower leases 358 348 CPE and terminal 326 17 Others 618 812 Total other telecommunications revenues 2,405 2,300 Total revenues 56,454 48,840