SALARIES AND EMPLOYEE BENEFITS continued 2006

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 104

42. PENSION AND SEVERANCE continued

Pension Plan continued DPBM I DPBM II DPBM III DPBM IV Turnover rate 5 up to employees’ age of 25 and reducing linearly by 0.25 for each year up to 0 at age 45 and thereafter 5 up to employees’ age of 25 and reducing linearly by 0.25 for each year up to 0 at age 45 and thereafter 5 up to employees’ age of 25 and reducing linearly by 0.25 for each year up to at age 45 and thereafter 5 up to employees’ age of 25 and reducing linearly by 0.25 for each year up to 0 at age 45 and thereafter Disability rate 10 of mortality rate 10 of mortality rate 10 of mortality rate 10 of mortality rate Actuarial method Projected Unit Credit Projected Unit Credit Projected Unit Credit Projected Unit Credit Normal pension age 56 years for all grades 56 years for all grades 56 years for all grades 56 years for all grades Maximum defined benefit amount 80 of latest gross pensionable salary PhDP 80 of latest gross pensionable salary PhDP 62.50 of latest gross pensionable salary PhDP 75 of latest gross pensionable salary PhDP Expected rate of pension benefit increase Nil Nil Nil 4 every 2 years Tax rates - average 15 of pension benefit 15 of pension benefit 15 of pension benefit 15 of pension benefit The projected benefit obligations and fair value of plan assets as of December 31, 2007 are as follows: DPBM I DPBM II DPBM III DPBM IV Projected Benefit Obligations 1,033,826 1,004,599 542,654 317,468 Fair Value of Plan Assets 1,500,073 1,573,220 709,311 483,169 Funded Status 466,247 568,621 166,657 165,701 Unrecognized Past Service Cost - - - - Unrecognized Actuarial Gains 406,468 357,302 165,814 87,767 Surplus Based on PSAK No. 24 Revised 59,779 211,319 843 77,934 Asset Ceilling - - - - Pension Plan Program Assets recognized in balance sheet - - - - 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 105

42. PENSION AND SEVERANCE continued