CURRENT ACCOUNTS WITH BANK INDONESIA continued CURRENT ACCOUNTS WITH OTHER BANKS

PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Years Ended December 31, 2008 and 2007 Expressed in millions of Rupiah, unless otherwise stated 37

5. PLACEMENTS WITH BANK INDONESIA AND OTHER BANKS continued

a. By Type, Currency, Maturity and Collectibility continued: 2007 Maturity Current Loss Total Rupiah: Bank Indonesia 1 month 11,199,067 - 11,199,067 Call Money 1 month 20,000 - 20,000 Time Deposit 1 month 175,100 - 175,100 Total Rupiah 11,394,167 - 11,394,167 Foreign Currency: Call Money 1 month 3,410,630 - 3,410,630 “Fixed-Term” Placement 1 month 2,017,616 - 2,017,616 1 month 3 months 453 - 453 6 months 12 months 41,479 - 41,479 Time Deposit 1 month 28,179 - 28,179 Total Foreign Currency 5,498,357 - 5,498,357 Total 16,892,524 Less: Allowance for Possible Losses 59,200 16,833,324 b. As of December 31, 2008 and 2007, there were no placements to other banks with related party banks. However, as of December 31, 2007, placement on Rupiah time deposits amounting to Rp175,100 included placement in Bank Sinar Harapan Bali BSHB amounting to Rp80,000, whereby at that time BSHB has not yet become a subsidiary of Bank Mandiri Note 2b. c. Average Interest Rate yield per Annum: 2008 2007 Rupiah 6.55 14.45 Foreign Currency 1.91 4.37 d. As of December 31, 2008 and 2007, there was no placement pledged as cash collateral. e. Movements of allowance for possible losses on placements with other banks: 2008 2007 Balance at beginning of year 59,200 97,981 Provisionreversal during the year Note 36 323,475 36,337 Others 4,033 2,444 Balance at end of year 386,708 59,200 Includes effect of foreign currency translation. PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Years Ended December 31, 2008 and 2007 Expressed in millions of Rupiah, unless otherwise stated 38

5. PLACEMENTS WITH BANK INDONESIA AND OTHER BANKS continued

e. Movements of allowance for possible losses on placements with other banks continued: As of December 31, 2008, Bank Mandiri has a placement with loss classification on certain financial institution amounting to Rp242,708 while on the other hand, such financial institution has a placement in Bank Mandiri in the form of current account Note 19a and inter-bank call money Note 20a. The balance of placement of Bank Mandiri in such financial institution has been set-off with the current account and inter-bank call money placed by such financial institution in Bank Mandiri. The provision for losses provided by Bank Mandiri for such financial institution is the difference between the balance of the placement in such financial institution and the balance of the current account and inter - bank call money placed by such financial institution in Bank Mandiri. Such amount is part of the total provision provided during the current year. Management believes that the allowance for possible losses on placements with other banks is adequate.

6. SECURITIES

a. By Purpose and Related and Third Parties: 2008 2007 Related parties Note 47a: Trading - 13,532 Available for sale - 14,709 - 28,241 Third parties: Trading 20,328,692 23,090,970 Available for sale 475,092 1,432,288 Held to maturity 3,866,576 3,808,527 24,670,360 28,331,785 Total 24,670,360 28,360,026 Less: Unamortized discounts 41,724 8,833 Unrealized gains from increase in value of securities 40,257 79,857 Allowance for possible losses 44,046 1,114,497 24,624,847 27,316,553