FUND BORROWINGS continued Bank Mandiri Tbk Eng 31 Des 2015 Released

PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2015 and for the year then ended Expressed in millions of Rupiah, unless otherwise stated 146

36. FUND BORROWINGS continued

b Direct off-shore loans continued Agence Française de Développement, France continued December 31, 2014 Interest Nominal amount Type Arranger Maturity date rate USD Rupiah per annum full amount equivalent Bilateral loan Agence Française LIBOR 6 months de Développement March 31, 2016 + certain margin 8,181,818 101,332 Less: Unamortised issuance costs 9,380 116 8,172,438 101,216 Bilateral loan Agence Française LIBOR 6 months de Développement September 30, 2018 + certain margin 9,142,857 113,234 Less: Unamortised issuance costs 21,224 263 9,121,633 112,971 Bilateral loan Agence Française LIBOR 6 months de Développement September 30, 2017 + certain margin 21,818,182 270,218 Less: Unamortised issuance costs 48,744 604 21,769,438 269,614 Bilateral loan Agence Française LIBOR 6 months de Développement March 31, 2019 + certain margin 7,071,429 87,580 Less: Unamortised issuance costs 18,746 232 7,052,683 87,348 Bilateral loan Agence Française LIBOR 6 months de Développement September 30, 2023 + certain margin 10,000,000 123,850 Less: Unamortised issuance costs 357,065 4,422 9,642,935 119,428 55,759,127 690,577 On June 17, 2010, Bank Mandiri signed a loan facility agreement with Agence Française de Développement AFD of USD100,000,000 full amount to assist the financing for projects related to climate change and energy efficiency. This long term facility has a tenor of 5 to 10 years including grace period with an interest rate at 6-months LIBOR plus a certain margin and will be used to finance the projects that related to the carbon emission reduction. As part of the above loan agreement, Bank Mandiri and AFD will finance the training programs aimed to develop the Bank Mandiri’s capacity, especially in relation to climate change and energy efficiency. On December 15, 2010, the Bank drawdown the borrowing from AFD amounting to USD30,000,000 full amount, which will be matured on March 31, 2016. On February 16, 2012, May 30, 2012 and May 31, 2012, the Bank drawdown the borrowing amounting to USD16,000,000 full amount, USD40,000,000 full amount and USD11,000,000 full amount, respectively, which will be matured on September 30, 2018, September 30, 2017 and March 31, 2019, respectively. PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of December 31, 2015 and for the year then ended Expressed in millions of Rupiah, unless otherwise stated 147

36. FUND BORROWINGS continued