3.1 33.1 25.8 Q2 2012 Bank Mandiri (r 03)

2 .8 3 .7 4 .3 3.6 4 .9 4.7 5.1 5 .5 6.0 5 .4 5 .5 5.3 4 .9 5.3 5.1 5 .2 6 .0 5 .8 5 .1 5.4 5 .2 5.4 5.2 5 .5 Q4 02 Q4 3 Q 4 04 Q4 5 Q 4 06 Q4 7 Q1 8 Q 2 08 Q 3 08 Q 4 08 Q 1 09 Q2 9 Q 3 09 Q4 9 Q1 1 Q 2 10 Q3 10 Q4 1 Q 1 11 Q2 1 1 Q 3 11 Q4 1 1 Q112 Q 2 12 NIM 13.0 9.5 11.0 9.3 10.1 10.7 9.1 9.8 8.7 9.0 8.7 8.7 8.2 8.1 10.8 10.8 6.3 4.8 7.3 4.5 3.8 5.3 4.9 4.0 3.8 3.8 3.7 3.4 3.2 2.8 Yield on Assets Cost of Funds Quarterly Net Interest Margins Quarterly Yields Costs by Currency 5.8 5.1 5.3 6.6 5.8 6.8 6.5 6.6 5.8 6.4 5.2 5.2 5.0 7.2 5.1 4.9 4.7 5.3 4.8 5.4 5.6 4.0 3.5 3.4 2.7 3.0 2.7 2.3 2.1 1.5

0.7 0.8

0.7 0.5 0.3 0.6 0.6 5 Q4 05 Q4 06 Q 4 07 Q1 08 Q 2 08 Q 3 08 Q 4 08 Q1 09 Q 2 09 Q3 09 Q 4 09 Q 1 10 Q2 10 Q3 10 Q410 Q 1 11 Q211 Q 311 Q 4 11 Q112 Q 2 12 12.0 12.1 12.9 12.9 12.6 12.7 12.5 11.8 12.1 11.9 12.5 11.4 11.6 7.18 6.5 6.5 5.9 3.9 3.3 6.9 4.5 4.6 5.8 5.3 4.2 4.1 4.3 4.2

3.7 3.1

5 10 15 20 Avg Loan Yield Avg Bond Yield Avg COF IDR FX 11 12 Non-Loan Related Fees Commissions Q2-2012 Q2-2011 H1-2012 H1-2011 Y-o-Y  Q-o-Q  Administration Fees 544 457 985 836 17.8 18.9 Opening LC, BG Cap Market custodian trustee 150 107 302 222 36.3 40.6 Subsidiaries 362 304 767 752 2.0 19.3 Transfer, Retail Transaction 259 217 502 402 24.9 19.4 Credit Cards 234 228 476 449 6.1 2.9 Mutual Fund, ORI Bancassurance 86 84

168 146

15.2 1.9 Syndications 72 86 108 94 15.1 16.3 Payroll Package 21 16 38 30 26.6 36.2 Others 110 72 195 137 41.6 51.9 Total 1,837 1,571 3,541 3,068 15.4 17.0 Foreign Exchange Gains 405 179 615 311 97.7 126.3 Gains Fr Sale Incr. in Value of Sec. Gov. Bonds 134 31 - 63 100.0 na Cash Recoveries 661 437 1,183 2,312 48.8 51.3 Total Operating Income 10,263 8,335 19,535 17,395 12.3

23.1 of Non Loan Related fees to total opr. income

27.0 26.6

27.3 33.1

17.4 1.4

Breakdown of Q2 2012 Non-Loan Related Fees Commissions Rp bn 827 1,0 04 1 ,110 1,3 84 1 ,051 1,2 65 1,4 59 1 ,682 1,5 24 1,5 10 1,8 83 1 ,409 1 ,614 2,0 04 1 ,116 1 ,390 1 ,019 1,3 28 1 ,306 1,3 75 1 ,485 1,6 12 1,5 47 1 ,631 1,6 71 1,9 03 1,8 65 1 ,939 Q 1 09 Q2 09 Q 3 09 Q 4 09 Q 1 10 Q2 10 Q 3 10 Q410 Q 1 11 Q211 Q311 Q 4 11 Q 112 Q212 GA Expense Personnel Expense 35.1 42.8 39.3 43.2 39.0 38.4 38.1 45.1 32.4 37.3 39.0 41.6 44.0 43.2 CIR Breakdown of Q2 2012 Operating Expenses Quarterly Consolidated Operating Expenses CIR Q ’ Q ’ Q ’ Growth QoQ YoY Personnel Expenses Base Salary 530 524 459 1.1 15.5 Other Allowances 903 826 733 9.3 23.2 Post Empl. Benefits 53 75 31 29.3 71.0 Training 94 47 87 100.0 8.0 Subsidiaries 359 394 320 8.9 12.2 Total Personnel Expenses 1,939 1,865 1,631

4.0 18.9

GA Expenses IT telecoms 242 184 185 31.5 30.8 Occupancy Related 427 365 444 17.0 3.8 Promo Sponsor 230 206 205 11.7 12.2 Transport Travel 119 99 102 20.2 16.7 Goods, Prof. Services Oth. 284 176 183 61.4 55.2 Employee Related 270 208 179 29.8 50.8 Subsidiaries 433 376 212 15.2 104.2 Total GA Expenses 2,004 1,614 1,510

24.2 32.7

Other Expenses 545 540 427

0.9 27.6

Total Operating Expenses 4,489 4,019 3,568

11.7 25.8

Rp483bn of GA expenses reclassified to Other Operating expenses in 2Q11, 13 42 .6 58 .1 72.5 91.9 108 .9 115.9 112 .2 134 .0 172.9 195 .8 242 .4 352.5 36 5.5 13 .3 15.4 17.0 25 .5 27 .5 27.4 28.4 28 .3 27.2 30 .5 35 .7 53.3 59 .0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 RWA Rp tn Total Capital Rp tn 31.3 26.4 23.4 27.7 25.3 23.2 24.6 20.8 15.7 15.4 13.4 15.1 16.2 CAR 308 1,168 1,549 1,744 519 510 1,027 1,390 1,400 2,003 2,681 3,403 1,300 602 690 1,329 97 305 1,113 1,221 1,526 2,031 2,543 3,744 967 1,017 1,528 1,408 610 372 1,040 1,345 1,693 2,352 2,850 645 799 819 775 623 1,234 1,166 1,390 2,536 2,833 3,073 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Q4 PAT Q3 PAT Q2 PAT Q1 PAT IDR bn Capital RWA Movement Profit After Tax ROE 21.5 26.2 23.6 22.8 2.5 10.0 15.8 18.1 22.1 24.4 22.0 21.9 RoE - AT • CAR inclusive of Credit and Market Risk started in December 2004 • CAR inclusive of Credit, Market and Operational Risk started in January 2010 14 1,099 1.1Tn from GIAA Recovery Strengthen leadership in wholesale transaction banking  Comprehensive financing transaction solutions  Holistic relationship approach for leading Indonesian institutions Build 1 or 2 positions in key retail financing segments  Win in mortgage, personal loan cards  Become a major player in micro- banking  Champion Syariah in Indonesia Be the retail deposit bank of choice  Win through differentiated customer experience and targeted propositions  Deploy innovative payment solutions  Total Wholesales Fees Rp1.9 T n 1  Total Wholesale Low Cost Deposits Rp67.2 Tn  Growth of Tx cash management 76.4 YoY 2  Total Retail Fees of Rp2.7 Tn  Total Retail Low Cost Funds Rp172.4 Tn  YoY increase in of E-channel transaction: 34.3  Total Retail Loans of Rp91.5 Tn  Assets Spread Rp4.4 Tn  29.8 of total loans Pillar 1 Pillar 2 Pillar 3 1 Excluding collection extracomptable Rp 88.6bn 2 Excluding Mandiri Transaction System Wholesale Transactions, Retail Payments High Yield Loans 15 Breakdown of Net Expansion in Corporate Lending Q2 12 – Q2 11 Total Rp22.11 tn Rp Billion 160 316 591 765 964 1,188 1,357 1,504 1,563 1,929 1,976 2,260 2,332 2,526 2,683

1, 000

1, 000

2 ,000

3, 000

4 ,000 Others Mfg-Oth Trad-Oth Trans Mfg-Metal Electricity Trad-Ret Constr Trad-Distr Mfg-FB Mining-Coal Mfg-Chem Bus Serv Trad-Dom Plantations  13.9 344.6 24.6 33.4 208.0 15.7 66.0 42.2 69.4 16.9 38.8 8.5 15.7 3.9 1.0 Rp Billion Breakdown of Net Expansion in Commercial Lending Q2 12 – Q2 11 Total Rp19.37 tn 347 543 568 649 696 706 773 831 918 980 1,082 1,263 1,314 1,343 1,573 1,649 2,058 2,082 800 200 400 1 ,000 1 ,600 2, 200 Constr Trad-Oth Utilities Agri-Oth Others Mfg-Oth Bus Serv Plantations Oil Gas Trad-Dom Mining-Coal Mass Trans Vehicles Mfg-Text Mfg-Chem Mfg-RawM Mfg-Metal Trad-Distr  30.0 64.9 74.1 22.0 60.9 501.4 29.4 59.0 306.8 143.4 11.7 7.3 6.5 27.3 52.8 46.5 12.6 9.0 16 745 2,414 4,066 6,153 7,784 10,943 11,132 11,377 2006 2007 2008 2009 2010 2011 Q 1 2012 Q 2 2012 Cash Management Users Wholesale CASA Deposits 58 ,05 5 62 ,257 61 ,691 53 ,60 4 74 ,116 54 ,91 5 67 ,21 7.24 0.91 13.11 38.27 -50.00 -30.00 -10.00 10.00 30.00 50.00 70.00 90.00 5,000 5,000 15,000 25,000 35,000 45,000 55,000 65,000 75,000 2007 2008 2009 2010 2011 Q2 11 Q2 12 Total CASA IDR Billion YoY Growth 248 479 716 685 677 771 1 ,130 4Q10 1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 Average of Cash Management Tx 000, total 6.1 mn transaction in 2012 Exclude Mandiri Transaction System 17 57.8 YoY Growth 22.4 YoY Growth Mandiri Cash Management Forex 431 .0 6 8 5 .2 9 5 6 .0 2 4 6 .6 451 .3 7,266 18,803 29,774 8,235 10,391 - 5,000 10,000 15,000 20,000 25,000 30,000 35,000 - 200.0 400.0 600.0 800.0 1,000.0 1,200.0 Dec 09 Dec 10 Dec 11 Q1 2012 Q2 2012 Value IDR Trillion of Trx 000 66 .0 6 6 .0 77 .0 1 4 .4 17 .5 185,739 239,896 218,436 95,391 100,785 - 50,000 100,000 150,000 200,000 250,000 300,000 - 10.0 20.0 30.0 40.0 50.0 60.0 70.0 80.0 90.0 Dec 09 Dec 10 Dec 11 Q1 2012 Q2 2012 Value USD Billion of Trx Wholesale Remittance Trade Transaction : Export, Import, Domestic 5 8 .8 7 .4 92 .1 27 .9 2 9 .6 396,814 435,866 445,267 146,557 255,867 - 100,000 200,000 300,000 400,000 500,000 600,000 700,000 - 10.0 20.0 30.0 40.0 50.0 60.0 70.0 80.0 90.0 100.0 Dec 09 Dec 10 Dec 11 Q1 2012 Q2 2012 Value USD Million of Trx 8 4 .8 85 .3 1 9 .5 2 9 .8 2 7 .6 454,120 495,813 510,916 129,654 125,088 - 100,000 200,000 300,000 400,000 500,000 600,000 - 20.0 40.0 60.0 80.0 100.0 120.0 Dec 09 Dec 10 Dec 11 Q1 2012 Q2 2012 Value USD Million of Trx 18 75 .9 81 .3 86.3 95.5 88.2 93.4 98 .5 109.6 107 .3 112.7 120 .4 134.0 132 .7 140.6 6.8 6.9 7.4 8.1 9.3 10.2 11.0 11.0 11.7 11.9 11.5 11.3 12.7 12.8 5.6 6.1 8.0 9.4 8.2 8.8 9.1 11.1 10.5 11.9 12.2 15.7 14.6 15.4 2.3 2.5 2.4 2.7 2.7 2.7 3.3 3.2 3.5 3.5 62.9 65.1 68.7 68.5 71.8 70.6 68.7 70.5 69.0 68.6 70.8 73.1 71.6 70.3 7.4 7.4 7.5 6.8 6.0 5.7 5.8 5.8 5.3 5.2 5.2 5.3 5.0 5.0 20 40 60 80 100 120 140 160 180 200 220 240 260 Q 1 09 Q 2 09 Q 3 09 Q 4 09 Q 1 10 Q 2 10 Q 3 10 Q 4 10 Q 1 11 Q 2 11 Q 3 11 Q 4 11 Q 1 12 Q 2 12 Rp Savings Deposits FX Savings Deposits Rp Demand Deposits FX Demand Deposits Rp Time Deposits FX Time Deposits Retail Deposit Analysis – Bank Only 4.2 3.5 3.5 3.1 2.5 2.3 2.2 2.0 2.8 2.5 2.6 2.1 2.2 2.4 2.1 1.5 9.5 8.7 7.2 6.5 6.5 6.7 6.5 6.5 5.7 5.0 5 10 15 Rp DD Rp Savings Rp TD Average Quarterly Deposit Costs 1.1 0.9 0.6 0.1 0.2 0.1 0.1 0.2 0.3 3.9 3.0 1.0 0.5 0.50.4 0.8 0.8 0.7 2 4 Q1 09 Q 2 09 Q3 09 Q 4 09 Q1 10 Q 2 10 Q3 10 Q 4 10 Q 1 11 Q 2 11 Q 3 11 Q4 11 Q1 12 Q2 12 FX DD FX TD 62.5 62.3 64.7 63.4 63.8 66.1 63.3 63.8 66.1 63.8 66.5 69.6 As of total deposits 19 Quarterly Transaction Volume Mn Quarterly Transaction Value Rp tn Quarterly Users Mn Inactive cards have been purged 122.9 142.0 141.9 148.1 168.1 186.2 189.4 204.0 42.3 38.6 41.7 40.8 43.0 40.7 44.7 7.9 11.6 15.0 15.4 21.3 25.4 29.8 27.3 8.3 16.5 26.6 31.8 49.7 68.5 78.7 84.0 15 10 35 60 85 110 135 160 185 210 Q 1 09 Q2 9 Q 3 09 Q4 9 Q 1 10 Q 2 10 Q3 10 Q4 1 Q1 1 1 Q 2 11 Q3 11 Q 4 11 Q 1 12 Q2 1 2 ATM Branch SMS Banking Internet Banking 77.1 95.5 97.1 107.5 130.8 147.7 153.8 162.4 1.4 2.1 2.6 2.9 3.9 4.6 5.4 5.5 4.8 7.1 8.7 11.7 16.3 21.5 23.5 25.6 20 40 60 80 100 120 140 160 Q1 9 Q 2 09 Q 3 09 Q4 9 Q 1 10 Q2 1 Q 3 10 Q4 1 Q 1 11 Q2 1 1 Q 3 11 Q 4 11 Q1 1 2 Q2 1 2 ATM SMS Banking Internet Banking 9.95 7.20 7.67 8.06 8.35 8.72 8.96 9.24 9.65 2.16 3.17 4.21 4.61 4.61 5.08 5.29 5.47 1.11 1.21 0.92 1.01 1.03 1.16 1.21 1.26 2 4 6 8 10 12 Q 1 09 Q 2 09 Q3 9 Q 4 09 Q1 1 Q 2 10 Q3 1 Q4 1 Q 1 11 Q2 1 1 Q 3 11 Q4 1 1 Q 1 12 Q2 1 2 Debit Cards SMS Banking Internet Banking 20 Pre-Paid Card Volume 000s 165.6 259.0 293.0 353.0 458.0 516.7 626.8 688.3 773.3 846.2 981.3 99.5 129.3 150.0 163.0 183.0 204.0 295.0 367.5 505.8 693.3 919.8 34.3 36.0 39.3 43.0 45.0 47.6 47.7 48.1 49.4 49.4 49.7 D ec -09 M ar -10 Jun -10 Sep -10 D ec -10 M ar -11 Jun -11 Sep -11 D ec -11 Mar -12 Jun -12 Indomaret e-Toll Gaz 207.7 209.9 154.0 165.0 133.3 273.8 406.9 627.9 688.2 1,072.9 1,078.0 989.0 1,317.0 1,174.3 1,762.5 2,047.9 2,872.2 4,788.0 6,405.0 8.8 2.7 3.6 5.5 7.0 3.9 4.1 4.7 3.9 62.3 D ec -09 M ar -10 Jun -10 Sep -10 D ec -10 M ar -11 Jun -11 Sep t- 11 D ec -11 M ar -12 Jun -12 Indomaret e-Toll Gaz Pre-Paid Transaction Volume 000s 21 Volume Mandiri Business Saving Account Tn 3.5 4.8 8.0 17.7 34.7 22.7 34.5 40.8 2007 2008 2009 2010 2011 Q2 2011 Q1 2012 Q2 2012 Fee Income from e-channel Tx Bn 22 23,690 27,611 33,732 47,127 92,903 99,765 112,879 2007 2008 2009 2010 2011 Q1 2012 Q2 2012 Numbers of EDC 56 YoY Growth 52.1 89.4 126.2 200.3 258.2 315.2 65.5 98.5 166.6 196.5 285.7 318.6 81.9 110.5 194.5 249.3 313.9 89.0 117.8 223.7 268.5 312.8 2007 2008 2009 2010 2011 2012 Q4 Q3 Q2 Q1 16 YoY Growth Rp Bn 34,254 43,304 9,050 Q2 2011 Growth Q2 2012 YoY 26.4 Consumer Finance Rp Bn 25,787 33,103 7,316 Q2 2011 Growth Q2 2012 YoY 28.4 Business Banking Rp Bn Micro Credit 8,520 15,097 6,577 Q2 2011 Growth Q2 2012 YoY 77.2 5 5 ,6 5 5 60 ,676 63 ,323 66 ,851 7 3 ,3 2 4 8 1 ,0 4 6 8 4 ,6 7 5 9 1 ,5 4 26.8 27.7 28.6 27.6 28.3 29.6 29.6 29.8 20.00 22.00 24.00 26.00 28.00 30.00 30,000 40,000 50,000 60,000 70,000 80,000 90,000 Q3 2010 Q4 2010 Q1 2011 Q2 2011 Q3 2011 Q4 2011 Q1 2012 Q2 2012 Retail to Total Loans Retail to Total Loans Micro Credit Business Banking Consumer Finance 23 200 300 305 355 600 800 800 878 879 924 10 152 480 710 711 717 2008 2009 2010 2011 Q1 2012 Q2 2012 Branch Unit Kiosk 271 430 562 694 733 765 2008 2009 2010 2011 Q1 2012 Q2 2012 Customers 000 Network Of New Customers 73 ,56 6 79 ,50 76 ,325 94 ,85 5 74 ,037 110 ,000 121 ,007 14 6,3 59 126 ,509 14 0,0 64 Q1 10 Q2 10 Q3 10 Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 Q1 12 Q2 12 24 1 ,347 1 ,646 1 ,645 2,1 95 1,8 26 2 ,522 2,7 91 4 ,208 3 ,397 4,5 25 Q1 10 Q2 10 Q3 10 Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 Q1 12 Q2 12 Booking Outstanding – Rp Tn 4.4 5.4 7.3 11.8 13.1 15.1 2.0 2.3 2.8 3.9 4.4 5.0 0.00 0.50 1.00 1.50 2.00 2.50 3.00 3.50 4.00 4.50 5.00 5.50 6.00 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 2008 2009 2010 2011 Q1 2012 Q2 2012 Mandiri Microfinance Outstanding Mandiri Market Share Booking Volume – Rp Bn 16.5 16.5 17.3 16.9 17.9 17.7 17.1 21.0 20.8 20.6 Asset Spreads 25 May 2012 • Scorecard Refinement •Training Capacity Development of Managers •MKA Revitalization focus on credit analysis verification •Loan Factory for Fixed Income Loan •FIN-1 Collection System •Change in Organization •Crash Program for NPL debtors settlement Origination Targeting Maintenance Review Collection Operational Risk Building New Business •750 MKS and 250 M3KCM added this year •Biweekly RTTA Risk, Threshold, Trigger Action Plan Review Forum •Mobile Sales and Maintenance System for MKS •Incentive Scheme Refinement •Post Transaction Control Welcome Call •Savings •Pension Loans •Joint Cooperation with Mandiri AXA General Insurance MAGI •Joint Cooperation with Bank Syariah Mandiri BSM – for Gold Pawning •3,720 EDC hand held rolled out •Early Warning System Development •25 CQOCAO added this year 26 8,376 8 ,814 9,193 10 ,017 10 ,681 11,626 12 ,593 13 ,500 14,268 15,523 16 ,466 17 ,779 18 ,764 20 ,113 3,697 3,70 4 3,699 3 ,753 3,82 2 3 ,890 3 ,941 3,95 7 3 ,964 3 ,979 3,94 9 3,887 3 ,777 3 ,679 3 ,983 4,09 9 4,252 4,541 4,71 9 4 ,985 5,194 5 ,428 5 ,643 5,919 6 ,100 6 ,233 6,335 6,58 7 2,251 2,452 2,754 2,989 2,973 3,239 3,372 3,589 3,575 3,761 3,910 4,296 4,245 4,492 781 877 1,067 1,376 1,476 1,704 2,217 2,826 3,454 3,492 4,200 5,115 5,829 6,593 572 615 691 915 1,063 1,214 1,325 1,393 1,454 1,583 1,630 1,690 1,772 1,840 2,500 5,000 7,500 10,000 12,500 15,000 17,500 20,000 22,500 25,000 27,500 30,000 32,500 35,000 37,500 40,000 42,500 45,000 Q 1 09 Q 2 9 Q 3 9 Q 4 09 Q 1 10 Q 2 10 Q 3 1 Q 4 1 Q 1 1 1 Q 2 1 1 Q 3 11 Q 4 1 1 Q 1 12 Q 2 12 Other Auto Credit Cards Payroll Loans Home Equity Loans Mortgages Loan Type Growth Y-o-Y Q-o-Q Other 16.46 3.87 Auto Loans 88.82 13.11 Credit Cards 19.43 5.81 Payroll Loans 11.30 3.99 Home Equity Loans 7.54 2.60 Mortgages 29.56 7.19 Total Consumer 26.42 6.34 Quarterly Consumer Loan Balances by Type Consumer Loan Growth by Type Rp43.3 tn Auto Motorcycle Loans channeled or executed through finance companies = Rp 7.30Tn in our Commercial Loan Portfolio 27 375 566 852 966 1 ,146 587 302 78 257 576 398 341 425 606 694 1,3 06 1,3 69 1,6 56 1 ,530 1 ,592 Q 1 10 Q 2 1 Q 3 1 Q 4 1 Q 1 11 Q 2 1 1 Q 3 11 Q 4 11 Q 1 1 2 Q 2 12 JF Non JF Total Booking and the Breakdown for Joint Financing and Non JF Breakdown of Financing 405 539 806 1,1 01 1,3 70 1,3 64 1 ,245 1,3 55 1 ,353 1 ,609 309 306 351 372 350 422 342 312 373 486 61 79 118 99 118 109 84 67 60 72 Q 1 10 Q 2 10 Q 3 10 Q 4 10 Q 1 1 1 Q 2 1 1 Q 3 1 1 Q 4 1 1 Q 1 12 Q 2 1 2 Motorcycle Used Car New Car H1 2012 Performance 28 Rp Bn H1 2012 H1 2011 Change Loans 9,876 6,979 41.52 Net Income after tax 50.04 32.77 52.70 Approval Rate 89.87 84.68 5.19 Disbursement 3,954 3,732 5.93 NIM 3.22 3.05 5.57 ROA 3.97 3.02 31.45 ROE 23.03 17.21 33.82 CER 47.78 46.72 2.27 NPL 1.14 1.08 5.55 12,655 16,202 10,983 8,334 12,912 16,966 15,148 15,412 16,332 15,895 18,148 17,506 17,417 17,479 17,498 15,758 13,516 12,922 11,844 11,410 12,134 12,053 2,0 00 4,0 00 6 ,000 8 ,000 10 ,00 12 ,000 14 ,00 16 ,00 18 ,00 20 ,00 Q4 01 Q4 02 Q4 03 Q4 04 Q4 05 Q4 06 Q4 07 Q4 08 Q1 09 Q2 09 Q3 09 Q4 09 Q1 10 Q2 10 Q3 10 Q4 10 Q111 Q211 Q311 Q411 Q112 Q212 2 - Sp eci al M en ti on Loa n s Rp B n 26 .2 24.8 15 .0 9.4 12.9 15.5 11.9 9 .7 10 .2 9 .7 10 .6 9.7 9 .0 6.1 4.6 4 .2 4 .2 3.9 Cat 2 N P L Mov em en t - C onso lida ted 19.80 9.70 7.30 8.60 7.10 25.28 16.34 7.17 4.73 5.85 4.78 3.79 2.79 2.56 2.54 2.60 2.42 2.60 2.42 2.56 2.21 2.22 2.07 70 .0 146 .7 129 .5 19 0.4 139.1 128.8 44 .4 127.1 136.1 219 .1 192 .4 175.0 155.5 174 .2 185.1 185 .2 Q4 99 Q4 00 Q4 01 Q4 02 Q4 03 Q4 04 Q4 05 Q4 06 Q4 07 Q4 08 Q1 09 Q2 09 Q3 09 Q4 09 Q1 10 Q2 10 Q3 10 Q4 10 Q111 Q211 Q311 Q411 Q112 Q212 Gro ss N PL Rat io Pr o vN PL Gr oss NPL s 2 .1 , coverage at 185 - Cat egory 2 loan decl ine d t o 3 .9 C a teg or y 2 Loans – B an k On ly NPLs Rp tn Q  Rp tn NPLs Corporate 2.97 0.02 2.37 Commercial 0.88 0.26 0.97 Small 0.80 0.05 2.40 Micro 0.57 0.02 3.77 Consumer 0.85 0.02 1.96 Total 6.06 0.24 1.95 Non-Performing Loans by Segment Excluding loans to other banks. 241.07 248.62 10.98 17.45 161.67 384.37 46.40 446.64 315.85 50.90 156.25 143.78 250 500 750 1,000 UG to PL DG to NPL WO Corp Comm MicroSmall Cons Movement by Customer Segment Rp Bn 6.30 0.36 1.01 0.14 0.86 0.09 6.06 Q1 12 UG to PL DG to NPL Payment Write-Offs Other Q2 12 Non-Performing Loan Movements Rp tn – Bank Only 30 Total Loans originated since 2005 Net Upgrades Downgrades Q2 2012 Details Loan Background Q Balance Rp bn Q2 2010 Q3 2010 Q4 2010 Q1 2011 Q2 2011 Q3 2011 Q4 2011 Q1 2012 Q2 2012 DG to NPL UG to PL Corporate 109,688.61 0.17 0.18 0.05 0.45 - 0.20 0.29 - 0.03 0.23 0.20 Commercial 83,385.28 0.27 0.13 0.04 0.27 0.05 0.13 0.00 0.25 0.15 0.15 0.01 Small 29,600.23 0.40 0.83 0.37 0.92 0.91 0.91 0.29 0.77 0.70 0.78 0.09 Micro 14,977.86 1.97 2.17 1.51 2.08 1.69 1.93 1.03 1.51 1.30 1.39 0.09 Consumer 42,559.97 0.33 0.35 0.14 0.45 0.28 0.33 0.08 0.32 0.24 0.35 0.11 Total 280,211.96 0.32 0.33 0.12 0.51 0.22 0.34 0.21 0.28 0.23 0.34 0.11 downgrades and upgrades are quarterly figures 31 Total Assets Rp49.70 tn Bond Trading Volume Rp29.2 tn Total Assets Rp12.79 tn Total Loans Rp628.71 bn Total Financing Rp4.0tn Total Financing Rp39.93 tn Equity FI Underwriting Rp5.5 tn Annual FYP Rp 1.69 tn Net Interest Margin 10.34 Net Interest Margin 3.22 Total Deposits Rp43.31 tn Equity Trading Volume Rp33.4 tn Fee Contribution Rp251.29 bn ROA 2.32 ROA 3.97 ROE 25.66 ROE 11.3 ROE 75.83 ROE 12.33 ROE 23.03 • Remain the leader in syariah financing • Capital injection program over 3 years • Cross-sell syariah products to Mandiri customers • Expansion of business to fully utilize current capital base • Cross-sell capital market services to broad range of Mandiri customers • Refocus business toward higher fee income • Provide end-to-end bank assurance business • Continue to build cross- sell opportunities in various segments • Bank assurance products complete our suite of consumer offerings • Enhance operating model • Improve risk management systems and IT • Improve productivity •Use Ba k Ma di i s network and customer throughout Indonesia to develop multi-finance segment, especially in vehicle-ownership financing. Investment Banking Syariah Banking Insurance Niche Banking Bank Sinar Harapan Bali Multi-Finance 32 Loss of Rp52 Bn from the sale of Garuda shares AXA Man di ri Fi nan ci al Servi ces Performances N e t Pr o fi t Af ter Ta x i n Bn An n u al Fi rs t Yea r Pr em iu m AFY P i n Bn Of P o lic yho ld er s 89 90 245 235 171 183 408 439 258 234 1Q 10 2Q 10 3Q 10 4Q 10 1Q 11 2Q 11 3Q 11 4Q 11 1Q 12 2Q 12 403 599 549 673 820 742 769 946 796 892 1Q 10 2Q 10 3Q 10 4Q 10 1Q 11 2Q 11 3Q 11 4Q 11 1Q 12 2Q 12 20 .3 Yo Y Gr o w th 710,481 810,604 892,582 1,518,536 1,602,778 1,638,543 1,695,242 1,744,124 1,790,508 1,858,702 1Q 10 2Q 10 3Q 10 4Q 10 1Q 11 2Q 11 3Q 11 4Q 11 1Q 12 2Q 12 13 .4 Y o Y Gr o w th 27 .9 Yo Y Gr o w th As o f Jun 30 Rp T n 2012 2011 App rai sal V al u e 32 .1 24 .1 33 34 Target 2012 1H Realization Gross Loan Growth YoY 22 - 24 26.6 Low Cost Deposits Consolidated 300 Tn 260.4 Tn Net Interest Margins ~ 5.20 5.24 Efficiency Ratio ~ 45 43.6 Gross NPLs 3 2.07 Cost of Credit ~ 1 – 1.2 1.1 of New ATMs 1,500 1,365 of New EDCs 70,000 19,976 of New Micro Outlets 300 71 of New Branches 60 106 35 Operating Performance Highlights 36 Rp bn Rp bn 2,057 527 395 286 2,693 202 2,491 741 522 1,075 393 1,088 547 1,106 824 954 1,403 537 1,138 416 1,187 659 1,144 1,011 1,035 2008 2009 2010 2011 Q1 2012 Q1 Q2 Q3 Q4 176.8 2,483 Performance to Date: H1 2012 Contribution Margin after PPAP Strategies for 2012 1. Implement The Account Plan for top Corporate Banking Customers to re-identify and have better understanding of the lie t s usi ess eeds. Improve the organizational alignment by implementation of the Client Coverage Concept to execute the Account Plan Strategy. 2. Strengthen business alliances with Mandiri Sekuritas by offering other external funding solutions to Corporate Banking client and vice versa. 3. Refocusing overseas branches business to Indonesian related companies which are located abroad and extent its business exposure by offering Wealth Management Products. 3,326 3,910 3,569 2,491 Q2 2012 Q2 2011 Y-o-Y  Revenues 171 281 39 • Investment Banking 22 113 81 • Capital Market 106 129 18 • Investment Mgt 43 39 5 • Asset Recovery Operating Expenses 156 128 22 Earnings After Tax 47 12 492 Equity Transactions – bn 33,377 43,472 23 SUN Transactions - bn 29,186 18,722 56 Bonds Underwritten - bn 5,479 10,670 49 ROA 5.4 6.6 182 ROE 11.3 3.1 465 Rp Bn 37 38 1. Optimizing Online FX Dealing System, 99 Mandiri Money Changer and 91 Regional Treasury Marketing. 2. Enhancing Treasury core system. 3. Intensifying cooperation with correspondent banks. 4. Developing infrastructure to focus on remittance, trade and capital market businesses. 5. Maintaining NPL ratio by optimizing joint effort and early warning system EWS. 6. Optimizing legal actions in collecting written off loans. 7. Developing procurement partnership for long term relationship. 8. Optimizing e-auction for procurement process. • 2010 – 2012 : Including collection from SAM and excluding International branches except Cayman • 2011 Including collection from Garuda Indonesia non recurring 468 1,925 53 2,340 17 2,323 210 455 724 3,091 1,159 153 348 1,338 389 1164 322 316 1,247 954 118 263 1,540 1,660 2008 2009 2010 2011 2012 Q1 Q2 Q3 Q4 803 33.3 4,848 1,382 6,094 Performance to Date: H1 2012 Contribution Margin after PPAP Strategies for 2012 Rp bn Rp bn 2,323 852 923 939 1,010 1,776 946 1,266 1,176 1,314 2,024 714 1,166 1,174 1,057 665 1,094 1,420 1,677 2008 2009 2010 2011 2012 Q1 Q2 Q3 Q4 incl CM of Small Business BSMin June 2010 Decline due to PSAK5055Implementation 39 3,603 361 863 455 4,372 572 3,800 75.8 3,026 1. Supporting Bank Mandiri Wholesale Banking vision as an Integrated Wholesale Bank through sophisticated, customized and completed services can increase revenue especially through potential business like Wholesale Banking Deposit and Fee Income. 2. Increasing profit and market share through customer existing share of wallet, increasing revenue from new customer and NPL control. 3. Provide best total business solution for customer by developing product and services including quality bundling product, quick services and competitive price. 4. Effective Alliance in units based on customer base in Commercial and Small segment, especially in developing value chain business. 4,449 4,709 5,058 Performance to Date: H1 2012 Contribution Margin after PPAP Strategies for 2012 Rp bn Rp bn 3,800 6.8 5.6 6.3 6.7 6.3 6.4 6.3 5.6 5.6 6.1 6.6 6.2 6.2 6.4 6.6 6.0 5.9 6.9 7.5 6.9 2005 Q4 06 Q4 07 Q1 08 Q2 08 Q3 08 Q4 08 Q1 09 Q2 09 Q3 09 Q4 09 Q1 10 Q210 Q310 Q410 Q111 Q211 Q311 Q411 Q112 13 .6 12 .3 12 .4 13 .5 13 .0 12 .4 12 .3 12 .7 12 .0 12 .1 12 .3 13 .3 13 .2 13 .0 11 .5 12 .0 5.7 5.4 5.4 5.4 5.3 5.3 5.7 6.2 5.9 5.8 5.6 4.7 4.9 5.0 5.1 5.0 5.5 5.4 5.2 4.5 4.7 10.31 11.15 12.73 13.77 13.25 13.43 14.23 14.94 16.06 17.65 19.87 21.44 23.97 27.09 30.01 34.41 36.73 37.44 39.93 Q4 07 Q1 08 Q2 08 Q3 08 Q4 08 Q1 09 Q2 09 Q3 09 Q4 09 Q1 10 Q210 Q310 Q410 Q1 11 Q2 11 Q3 11 Q4 11 Q1 12 Q2 12 Fi n an ci n g Str ong gr o wth fr om Bank S yari ah Man di ri

90.2 91.1