OTHER ASSETS Daftar Laporan Audit

PT XL AXIATA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2007, 2008 AND 2009; AND 31 MARCH 2009 AND 2010 Expressed in millions of Rupiah, unless otherwise stated Page 29

8. FIXED ASSETS continued

31032010 01012010 Additions Disposals Transfers 31032010 Cost Land 170,943 29 - 13,465 184,437 Buildings 219,587 1,238 - 87 220,912 Network equipment 33,594,266 186,332 43,730 367,915 34,104,783 Leasehold improvements 116,015 153 - 287 116,455 Machinery and equipment 673,380 4,601 21 2,970 680,930 Furniture and fixtures 95,416 380 259 1,076 96,613 Support systems 394,549 1,159 - 5,150 400,858 Motor vehicles 18,592 - - - 18,592 35,282,748 193,892 44,010 390,950 35,823,580 Assets under construction 1,421,052 540,415 14,817 390,950 1,555,700 36,703,800 734,307 58,827 - 37,379,280 Accumulated depreciation Buildings 50,515 5,268 - - 55,783 Network equipment 12,249,404 899,937 43,490 - 13,105,851 Leasehold improvements 99,138 2,317 - - 101,455 Machinery and equipment 396,041 30,763 21 - 426,783 Furniture and fixtures 46,589 5,110 208 - 51,491 Support systems 232,443 18,694 - - 251,137 Motor vehicles 13,276 877 - - 14,153 13,087,406 962,966 43,719 - 14,006,653 Net book value 23,616,394 23,372,627 The Company owns land located throughout Indonesia with Hak Guna Bangunan “HGB” for periods of 20-30 years which will expire between 2012 up to 2039. As at 31 March 2010, there are 99 locations with a total book value of Rp 39,191 and for which HGB certificates are in process. The management believes that there will be no difficulty in renewing the land rights when they expire. Assets under construction 31122007 31122008 31122009 31032009 3103 2010 Network equipment 2,861,627 2,384,150 1,301,853 2,166,587 1,465,400 Non-network equipment 242,857 275,352 119,199 260,955 90,300 3,104,484 2,659,502 1,421,052 2,427,542 1,555,700 Assets under construction mainly represent new BTS equipment and other equipment which is still to be installed or is currently being installed. When the equipment units are finally installed, their carrying values are reclassified as fixed assets - network equipment. The management believes that there are no significant obstacles to the completion of the assets under construction mentioned above. PT XL AXIATA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2007, 2008 AND 2009; AND 31 MARCH 2009 AND 2010 Expressed in millions of Rupiah, unless otherwise stated Page 30

8. FIXED ASSETS continued