RELATED PARTY TRANSACTIONS continued

PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Year Ended December 31, 2006 With Comparative Figures For 2005 Expressed in millions of Rupiah, unless otherwise stated 113

47. RELATED PARTY TRANSACTIONS continued

a. Banking Activities in the Ordinary Course of Business continued • Related by management or key personnel Bank Mandiri’s employees continued Percentages of demand deposits, saving deposits, time deposits, deposits from other banks - demand deposits and savings, acceptance payables and fund borrowings involving related parties compared to the total consolidated liabilities are as follows: 2006 2005 Demand Deposits 0.14 0.13 Savings Deposits 0.02 0.01 Time Deposits 0.36 0.45 Deposits From Other Banks – Demand Deposits and Savings - - Acceptance Payables - - Fund Borrowings 0.15 0.15 Total

0.67 0.74

Salary, allowances and bonuses of the Boards of Directors and Commissioners and Executive Officers Note 41 for the years ended December 31, 2006 and 2005 amounted to Rp61,242 and Rp107,086, respectively. b. Significant transactions with the Government of the Republic of Indonesia • In May 1999, the Government implemented a recapitalization program for Bank Mandiri by issuing Government Recapitalization Bonds Notes 1c and 7. • The Committee on Financial Sector Policy KKSK and the Minister of Finance approved and guaranteed the issuance of standby letters of credit and conversion of loans of PT Garuda Indonesia to Mandatory Convertible Bonds. • The Bank returned additional paid-in capital of Rp1,412,000 representing a portion of the excess recapitalization Note 31a. Based on the Decree of the Minister of Finance of the Republic of Indonesia No.227KMK.022003 dated May 23, 2003 and the Decree of the Minister of State – Owned Enterprises, as the Bank’s shareholder, No.KEP-154M-MBU2002 dated October 29, 2002 the Government converted the recapitalization fund amounting to Rp5,000,000 with 5,000,000 shares with nominal Rp1,000,000 full amount per share, and with the remaining recapitalization fund amounting to Rp168,801,315 recorded as Agio. The regulation of the Government of the Republic of Indonesia No.262003 dated May 29, 2003 approved the increase in fully issued and paid – up capital of the Bank amounting to Rp1,000,000 from capitalization of partial appropriated reserve.

48. MATURITY PROFILE