CURRENT ACCOUNTS WITH OTHER BANKS continued PLACEMENTS WITH BANK INDONESIA AND OTHER BANKS continued

PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS June 30, 2004 and 2003, and April 30, 2003 Expressed in millions of Rupiah, unless otherwise stated 32

6. CURRENT ACCOUNTS WITH OTHER BANKS continued

b. By Collectibility: As of June 30, 2004 and 2003, and April 30, 2003, all current accounts with other banks are classified as current. c. By Related Party and Third Party: As of June 30, 2004 and 2003, and April 30, 2003, there were no current accounts with related party banks. d. Average Interest Rate per Annum: June 30, 2004 June 30, 2003 April 30, 2003 Rupiah 0.62 0.60 1.05 Foreign currency 0.20 0.29 0.52 e. Movements of allowance for possible losses on current accounts with other banks: Six-month Six-month Two month Four-month Period ended Period ended Period ended Period ended June 30, 2004 June 30, 2003 June 30, 2003 April 30, 2003 Balance at beginning of period 3,203 3,726 3,594 3,726 Provision for the period 1,429 4,372 4,265 107 Others 438 634 395 239 Balance at end of period 5,070 7,464 7,464 3,594 Includes foreign currency translation effect. Management believes that the allowance for possible losses on current accounts with other banks is adequate. 7. PLACEMENTS WITH BANK INDONESIA AND OTHER BANKS a. By Currency: June 30, 2004 June 30, 2003 April 30, 2003 Rupiah: Call money: Bank Indonesia, Jakarta 3,830,423 4,630,000 - Bank Negara Indonesia, Jakarta 800,000 - - ABN Amro Bank, Jakarta 275,000 - - Bank Panin, Jakarta 150,000 25,000 - Standard Chartered Bank, Jakarta 120,000 - - Bank Mega, Jakarta 100,000 - 2,000 Bank Buana Indonesia, Jakarta - 75,000 - Citibank, Jakarta - 50,000 - Rabo Bank International, Jakarta - 50,000 70,000 Deutsche Bank AG, Jakarta - - 150,000 Bank NISP, Jakarta - - 50,000 Others 15,000 75,000 - 5,290,423 4,905,000 272,000 “Fixed-term” Placements: Others - - 168 - - 168 PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS June 30, 2004 and 2003, and April 30, 2003 Expressed in millions of Rupiah, unless otherwise stated 33

7. PLACEMENTS WITH BANK INDONESIA AND OTHER BANKS continued

a. By Currency: continued June 30, 2004 June 30, 2003 April 30, 2003 Time Deposits: Standard Chartered Bank, Jakarta 300,500 40,000 - Bank Mega, Jakarta 25,000 - 18,241 Bank Bumi Putera, Jakarta 13,700 - - Bank Niaga, Jakarta 10,000 - - Bank Danamon, Jakarta - 35,000 135,000 Bank Lippo, Jakarta - 25,000 - Bank IFI, Jakarta - 15,000 16,000 Bank Bukopin, Jakarta - 10,000 - Others 5,000 22,542 14,244 354,200 147,542 183,485 Total Rupiah 5,644,623 5,052,542 455,653 Foreign Currency Call Money: JP Morgan Chase Bank, New York 769,570 2,363,790 1,440,133 Deutsche Bank AG, Jakarta 469,250 - 13,331 BNP Paribas, Paris 469,250 - - Citibank International plc,, London 281,550 - 114,950 ABN Amro Bank, Amsterdam 281,550 446,310 246,103 Rabo Bank, Singapore 281,550 41,325 86,755 Bank of Nova Scotia, London 281,550 - 69,404 Chase Manhattan Bank, New York 248,703 - - Wachovia Bank NA, New York 215,855 477,717 854,537 Royal Bank of Canada, Canada 192,222 - - De Indosesische Overzeese Bank NV, Amsterdam 187,700 33,060 133,603 Commerzbank, Singapore 187,700 208,278 216,888 Den Norske Bank ASA, Oslo 146,312 9,790 10,276 Credit Industrial Et Commercial, Singapore 103,235 63,641 60,729 Fortis Bank Asia Hong Kong, The Netherlands 93,850 21,727 50,055 Bayerische Hypo-und Vereinsbank AG, Singapore 93,850 82,650 86,755 DBS, Singapore 93,850 173,418 - Ing Bank Singapore, Singapore 93,850 - - Credit Suisse First Boston, Singapore 93,850 - - Banca Nazionale Del Lavoro, London 93,850 192,244 269,808 Deutsche Bank AG, Frankfurt 53,478 15,615 41,527 Bank Negara Indonesia, London 39,050 6,145 - Unilon Bank of California, New York 36,753 - - Sumitomo Bank, Singapore - 228,114 215,152 ABN Amro Bank, New York - 208,278 1,085,305 Raiffeisen Zentralbank Osterreich, Singapore - 123,976 173,510 De Indosesische Overzeese Bank NV, Singapore - 89,262 - Hongkong Shanghai Bank Corporation, London - 25,238 13,853 Bank Negara Indonesia, Hong Kong - 24,795 14,528 Wachovia Bank NA, London - - 222,960 Societe Generale Asia Ltd., Hong Kong - - 99,768 Natexis Banque Populaires, Singapore - - 86,755 Commerzbank, Frankfurt - - 52,053 Hamburgische LB, Singapore - - 17,351 Others 11,930 172,352 264,407 4,820,308 5,007,725 5,940,496 PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS June 30, 2004 and 2003, and April 30, 2003 Expressed in millions of Rupiah, unless otherwise stated 34

7. PLACEMENTS WITH BANK INDONESIA AND OTHER BANKS continued