DEPOSITS FROM CUSTOMERS - DEMAND DEPOSITS

PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS December 31, 2003, April 30, 2003 and December 31, 2002 Expressed in millions of Rupiah, unless otherwise stated 83

18. DEPOSITS FROM CUSTOMERS - TIME DEPOSITS continued

c. By Maturity continued: December 31, April 30, December 31, 2003 2003 2002 Foreign Currency: 1 month 15,390,970 16,256,632 17,230,664 3 months 1,539,024 1,989,168 2,655,118 6 months 323,823 481,179 599,724 12 months 262,782 258,553 277,750 Over 12 months 7,127 3,357 7,951 17,523,726 18,988,889 20,771,207 99,271,665 123,626,343 121,529,091 d. Included in time deposits are unrestricted mudharabah investments amounting to Rp1,578,393, Rp842,531 and Rp636,363 as of December 31, 2003, April 30, 2003 and December 31, 2002, respectively. e. Average Interest Rates and Range of Profit Sharing per Annum: Average interest rates per annum: December 31, April 30, December 31, 2003 2003 2002 Rupiah 8.57 11.68 14.64 Foreign Currency 1.63 2.41 3.24 Range of profit sharing per annum: December 31, April 30, December 31, 2003 2003 2002 Rupiah 11.69-13.12 10.18-13.12 11.21-14.33 Foreign Currency 2.80-4.01 2.80-4.01 3.29-4.38 f. As of December 31, 2003, April 30, 2003 and December 31, 2002, related party time deposits amounted to Rp354,490, Rp3,698,710 and Rp1,332,690, respectively, or 0.36, 2.99 and 1.10 of the total time deposits, respectively Note 57. g. As of December 31, 2003, April 30, 2003 and December 31, 2002, time deposits which are frozen and blocked as collateral for bank guarantees and loan and working capital facilities, amounted to Rp5,331,218, Rp4,135,382 and Rp4,625,849, respectively. Mudharabah time deposits which are pledged as of December 31, 2003, April 30, 2003 and December 31, 2002 for mudharabah receivables extended by a subsidiary amounted to Rp9,500, Rp14,030 and Rp7,707, respectively.

19. DEPOSITS FROM OTHER BANKS - DEMAND DEPOSITS

a. By Currency: December 31, April 30, December 31, 2003 2003 2002 Rupiah 593,020 273,944 587,942 Foreign Currency 18,844 11,479 5,489 611,864 285,423 593,431