Total 2.4 26.25 25.6 18.1 16.3 Slide Q4 2011 Full Slides FINAL

Non-Loan Related Fees Commissions 2011 2010 Q4 2011 Y-o-Y   Q-o-Q Administration Fees 1,802 1,451 501 24.2 7.8 Opening LC, BG Cap Market custodian trustee 519 483 180 7.4 54.3 Subsidiaries 1,526 847 472 80.1 55.7 Transfer, Retail Transaction 872 701 236 24.5 1.0 Credit Cards 916 752 227 21.9 5.5 Mutual Fund, ORI Bancassurance 307 197 83 56.3 6.5 Syndications 221 78 68 181.1 14.1 Payroll Package 73 66 22 11.0 3.6 Others 307 527 95 41.7

28.4 Total

6,543 5,102 1,884 28.2 18.4 Foreign Exchange Gains 813 595 333 36.6 97.0 Gains Fr Sale Incr. in Value of Sec. Gov.Bonds 187 287 90 34.8 164.7 Total Operating Income 35,546 28,791 8,790

23.5 2.4

of Non Loan Related fees to total operating income 21.22

20.78 26.25

2.1 25.6

Breakdown of FY 2011 Non-Loan Related Fees Commissions Rp bn 12 1,0 16 993 769 1,0 34 916 1,1 48 827 1,0 04 1,1 10 1,3 84 1,0 51 1,2 65 1,4 59 1,6 82 1,5 24 1,8 82 1,8 83 1,4 09 869 1,3 09 1,0 05 1,1 58 1,1 65 1,1 97 1,1 16 1,3 90 1 ,0 1 9 1,3 28 1,3 06 1,3 75 1,4 85 1,6 12 1,5 47 1,5 62 1,6 71 1,9 03 Q4 06 Q 4 07 Q1 08 Q2 08 Q 3 08 Q4 08 Q1 09 Q 2 09 Q3 09 Q4 09 Q1 10 Q2 10 Q3 10 Q410 Q111 Q211 Q311 Q411 GA Expense Personnel Expense 83.3 54.3 41.1 40.6 35.1 39.3 39.0 38.1 32.4 37.3 39.0 41.6 CIR Breakdown of Q4 2011 Operating Expenses Quarterly Consolidated Operating Expenses CIR Excluding the impact of non-recurring interest income bond gains VSS costs moved to Employee-Related in GA in 2009 Reclassification of Rp693 Bn in GA expenses to Other Operating Expenses at AMFS Q Q Q Growth QoQ YoY Personnel Expenses Base Salary 478 471 370 1.5 29.0 Other Allowances 874 744 640 17.4 36.5 Post Empl. Benefits 58 59 90 2.1 36.0 Training 69 64 100 8.1 30.9 Subsidiaries 425 334 411 27.4 3.3 Total Personnel Expenses 1,903 1,671 1,612

13.9 18.1

GA Expenses IT telecoms 174 187 165 6.9 5.4 Occupancy Related 481 409 443 17.7 8.6 Promo Sponsor 267 287 323 7.0 17.3 Transport Travel 162 100 124 61.6 30.4 Prof. Services Others 189 139 196 36.2 3.5 Employee Related 229 175 155 30.5 47.7 Subsidiaries 93 586 277 115.8 133.5 Total GA Expenses 1,409 1,883 1,682

25.2 16.3

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 13 .3 15.4 17 .0 25.5 27.5 27.4 28.4 28.3 27.2 30.5 35.7 53.3 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 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 13.4 15.1 CAR 308 1,168 1,549 1,744 519 510 1,027 1,390 1,400 2,003 3,780 1,300 602 690 1,329 97 305 1,113 1,221 1,526 2,031 2,543 967 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 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 22.0 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 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 Rp2.7 Tn 1  Total Wholesale Low Cost Deposits Rp74.1 Tn  Growth of Tx cash management 206  Total Retail Fees of Rp5.0 Tn  Total Retail Low Cost Funds Rp164.1 Tn  YoY increase in of E-channel transaction: 31  Total Retail Loans of Rp81 Tn  Assets Spread Rp6.3 Tn  29.6 of total loans Pillar 1 Pillar 2 Pillar 3 1 Excluding collection extracomptable Rp 3,237bn Wholesale Transactions, Retail Payments High Yield Loans 15 Breakdown of Net Expansion in Corporate Lending Q4 – Q4 Total Rp18.17 tn Rp Billion 1,153 389 160 193 214 360 574 890 945 983 1,072 1,153 1,159 1,208 1,299 2,365 3,170 4,292

4, 600

3, 60

2, 60

1, 600

600 400

1, 400

2, 400

3, 400

4, 400

5, 400

6, 400

Mfg-Oth Util-Oth Mining-Oth Others Soc Serv Agri-Oth Trad-Oth Mfg-Metal Mfg-Feed Trad-Ret Roads Bridge Electricity Trad-Distr Trans Mining-Coal Trad-Exp Bus Serv Plantations  25.6 41.5 302.6 276.2 12.7 70.5 26.2 74.9 44.6 270.1 50.4 57 32.6 28.6 5.5 -1.5 -78.3 -3.9 Rp Billion Breakdown of Net Expansion in Commercial Lending Q4 – Q4 Total Rp16.41 tn 152 524 612 655 661 666 705 761 783 794 1,020 1,193 1,220 1,225 1,229 1,558 2,955

2, 400

1, 800

1, 200

600 600

1, 200

1, 800

2, 400

3, 000

Others Mfg-Text Trad-Ret Constr Gas Mining-Coal Agri-Oth Mass Trans Trad-Oth Trans-Comm Mfg-Metal Trad-Distr Mfg-Oth Mfg-RawM Plantations Mfg-Chem Bus Serv  33.2 25.0 19.6 66.6 9.8 17.3 37.8 569.5 18.7 18.2 64.5 47.6 86.8 15.6 23.5 53.7 -195 16 745 2,414 4,066 6,153 7,784 8,561 9,514 10,428 10,943 2006 2007 2008 2009 2010 Q 1 2011 Q 2 2011 Q 3 2011 Q 4 20 11 Cash Management Users Wholesale CASA Deposits 58 ,05 5 62 ,25 7 61 ,69 1 53 ,60 4 74 ,11 6 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 Dec 07 Dec 08 Dec 09 Dec 10 Dec 11 Total CASA IDR Billion YoY Growth 248 479 716 685 677 4Q10 1Q11 2Q11 3Q11 4Q11 Average of Cash Management Trx 000, total 7.7 mn transaction in 2011 Exclude MTS 17 172 YoY Growth Mandiri Cash Management Forex 430,800 685,220 956,010 7,266,410 18,803,324 29,773,782 - 5,000,000 10,000,000 15,000,000 20,000,000 25,000,000 30,000,000 35,000,000 - 200,000 400,000 600,000 800,000 1,000,000 1,200,000 Dec 09 Dec 10 Dec 11 Value IDR Billion of Trx 66,031 66,481 76,927 185,739 239,896 218,436 - 50,000 100,000 150,000 200,000 250,000 300,000 60,000 62,000 64,000 66,000 68,000 70,000 72,000 74,000 76,000 78,000 Dec 09 Dec 10 Dec 11 Value IDR Billion of Trx Wholesale Remittance Trade Transaction : Export, Import, Domestic 58,826 70,396 92,106 396,814 435,866 445,267 370,000 380,000 390,000 400,000 410,000 420,000 430,000 440,000 450,000 - 10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 90,000 100,000 Dec 09 Dec 10 Dec 11 Value IDR Billion of Trx 84,847 85,256 109,501 454,120 495,813 510,916 420,000 430,000 440,000 450,000 460,000 470,000 480,000 490,000 500,000 510,000 520,000 - 20,000 40,000 60,000 80,000 100,000 120,000 Dec 09 Dec 10 Dec 11 Value IDR Billion of Trx 18 6.8 7.3 7.6 8.3 8.2 8.2 8.4 8.4 8.5 Q4 2009 Q1 2010 Q2 2010 Q3 2010 Q4 2010 Q1 2011 Q2 2011 Q3 2011 Q4 2011 Product Holding Commercial Product Holding Corporate 6.3 6.6 6.9 8.3 9.0 8.6 8.2 8.3 8.7 Q4 2009 Q1 2010 Q2 2010 Q3 2010 Q4 2010 Q1 2011 Q2 2011 Q3 2011 Q4 2011 19 79.0 74.6 78 .8 74.4 80.4 75 .9 81.3 86.3 95 .5 88.2 93.4 98.5 109.6 107.3 112.7 120.4 134.0 0 5.0746.1605.114 6.072 6.805 6.863 7.447 8.119 9.276 10.217 11.00 11.04 11.7 11.9 11.5 11.3 4 4 5 5 7 6 6 8 9 8 9 9 11 10 12 12 16 1 1 1 2 2 2 2 2 3 3 3 3 3 46 44 42 51 63 63 65 69 68 72 71 69 71 69 69 71 73 5 5 5 5 8 7 7 8 7 6 6 6 6 5 5 5 5 20 40 60 80 100 120 140 160 180 200 220 240 260 Q 4 7 Q 1 8 Q 2 8 Q 3 8 Q 4 8 Q 1 9 Q 2 9 Q 3 9 Q 4 9 Q 1 1 Q 2 1 Q 3 1 Q 4 1 Q 1 1 1 Q 2 1 1 Q 3 1 1 Q 4 1 1 Rp Savings Deposits FX Savings Deposits Rp Demand Deposits FX Demand Deposits Rp Time Deposits FX Time Deposits Retail Deposit Analysis – Bank Only 2.50 2.15 3.76 4.23 3.5 3.48 2.46 2.35 2.23 3.60 3.24 2.91 2.84 2.7 2.26 2.16 2.20 2.07 6.90 6.78 7.41 9.26 9.55 8.1 6.50 6.53 6.66 6.49 6.28 5 10 15 Rp DD Rp Savings Rp TD Average Quarterly Deposit Costs 2.03 1.451.63 1.12 0.87 0.59 0.15 0.12 0.13 3.87 2.86 3.73 3.32 2.99 0.96 0.47 0.46 0.81 2 4 Q4 07 Q1 08 Q2 08 Q3 08 Q4 08 Q1 09 Q2 09 Q3 09 Q4 09 Q1 10 Q2 10 Q3 10 Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 FX DD FX TD 58.90 63.50 61.40 62.30 64.70 63.40 63.30 66.10 63.80 66.10 63.80 As of total deposits 20 Quarterly Transaction Volume Mn Quarterly Transaction Value Rp tn Quarterly Users Mn Inactive cards have been purged 99.8 110.1 122.9 142.0 141.9 148.1 157.3 168.1 183.9 186.2 42.1 40.6 42.3 38.6 41.7 43.0 43.5 45.3 5.6 10.1 7.9 11.6 15.0 15.4 21.3 23.1 25.4 3.4 5.5 8.3 16.5 26.6 31.8 49.7 54.6 68.5 25 50 75 100 125 150 175 200 Q1 08 Q2 8 Q3 8 Q4 8 Q1 9 Q2 9 Q3 9 Q4 9 Q1 1 Q2 1 Q3 1 Q4 1 Q1 11 Q2 1 1 Q3 1 1 Q4 1 1 ATM Branch SMS Banking Internet Banking 57.7 64.7 77.1 95.5 97.1 107.5 122.2 130.8 147.7 153.2 1.0 1.8 1.4 2.1 2.6 3.5 3.9 4.1 4.6 3.6 3.8 4.8 7.1 8.7 11.7 16.3 18.1 21.5 20 40 60 80 100 120 140 Q1 8 Q2 8 Q3 8 Q4 8 Q1 9 Q2 9 Q3 9 Q4 9 Q1 1 Q2 1 Q3 1 Q4 1 Q1 1 1 Q2 1 1 Q3 1 1 Q4 1 1 ATM SMS Banking Internet Banking 8.83 10.01 7.20 7.67 8.06 8.57 8.72 8.17 8.96 1.54 2.74 2.16 3.17 4.21 4.66 4.61 4.85 5.08 0.85 0.99 1.11 1.21 1.25 1.39 1.44 1.49 1.62 2 4 6 8 10 Q1 8 Q2 8 Q3 8 Q4 8 Q1 9 Q2 9 Q3 9 Q4 9 Q1 1 Q2 1 Q3 1 Q4 1 Q1 1 1 Q2 1 1 Q3 1 1 Q4 1 1 Debit Cards SMS Banking Internet Banking 21 Pre-Paid Card Volume 000s 165.6 259.0 293.0 353.0 458.0 516.7 626.8 688.3 773.3 99.5 129.3 150.0 163.0 183.0 204.0 295.0 367.5 505.8 34.3 36.0 39.3 43.0 45.0 47.6 47.7 48.1 49.4 D ec -09 M ar -10 Jun -10 Sep -10 D ec -10 M ar -11 Jun -11 Sep -11 D ec -11 Indomaret e-Toll Gaz 207.7 209.9 173.0 154.0 165.0 152.7 133.3 130.3 273.8 688.2 1,072.9 1,078.0 989.0 1,317.0 1,174.3 1,762.5 2,047.9 2,872.2 8.8 2.7 3.6 5.5 7.0 3.9 4.1 19.4 4.7 D ec -09 M ar -10 Jun -10 Sep -10 D ec -10 M ar -11 Jun -11 Sep t- 11 D ec -11 Indomaret e-Toll Gaz Pre-Paid Transaction Volume 000s 22 Volume Mandiri Business Saving Account Tn 3.5 4.8 8.0 17.7 34.7 2007 2008 2009 2010 2011 96 YoY Growth 90,577 132,058 181,744 238,461 317,269 2007 2008 2009 2010 2011 33 YoY Growth Fee Income from e-channel Trx 23 23,690 27,611 33,732 47,127 92,903 2007 2008 2009 2010 2011 Numbers of EDC Value Chain Gas Station Value Chain of Top 3 Telco Relationships 246 648 747 830 922 1,511 2,589 2,745 3,011 3,346 - 500 1,000 1,500 2,000 2,500 3,000 3,500 4,000 50 50 150 250 350 450 550 650 750 850 950 Dec 09 Sep 10 Dec 10 Sep 11 Dec 11 Avg Bal Rp bn Total SPBU unit 93 104 118 151 144 88 91 108 187 196 - 50 100 150 200 250 300 - 20 40 60 80 100 120 140 160 180 200 Dec 10 Mar 11 Jun 11 Sep 11 Dec 11 Avg Bal Rp bn Total Authorized Dealer unit 24 Rp Bn 30,702 38,999 8,297 Q4 2010 Growth Q4 2011 YoY 27.02 Consumer Loans Rp Bn 22,686 30,202 7,516 Q4 2010 Growth Q4 2011 YoY 33.13 Business Banking Credits Rp Bn Micro Credit 7,305 11,845 4,385 Q4 2010 Growth Q4 2011 YoY 62.10 5 5 ,6 5 5 6 ,6 7 6 6 3 ,3 2 3 6 6 ,8 5 1 7 3 ,3 2 4 8 1 ,0 4 6 26.85 27.70 28.59 27.58 28.31 29.58 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 Retail to Total Loan Retail to Total Loan Micro Credits Business Banking Credits Consumer Loans 25 200 300 600 800 800 878 10 152 480 710 2008 2009 2010 FY 2011 Branch Unit Kiosk 271 430 561 611 647 694 2008 2009 2010 H1 2011 9M 2011 FY 2011 Customers 000 Network Of New Customers 73,566 79,500 76,325 94,855 74,037 110,000 121,007 146,359 Q1 10 Q2 10 Q3 10 Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 26 1,347 1,646 1,645 2,195 1,826 2,522 2,791 4,208 Q1 10 Q2 10 Q3 10 Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 Booking Outstanding IDR Trillions 4.4 5.4 7.3 8.5 9.5 11.8 2.02 2.29 2.76 3.08 3.20 0.00 0.50 1.00 1.50 2.00 2.50 3.00 3.50 4.00 1 2 3 4 5 6 7 8 9 10 11 12 13 2008 2009 2010 H1 2011 9M 2011 FY 2011 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 Asset Spreads 27 1,522 3,050 3,610 5,382 6,393 7,199 7,717 8,052 8,376 8,814 9,193 10,017 10,681 11,626 12,593 13,500 14,268 15,523 16,466 17,779 2,852 4,131 3,666 3,437 3,612 3,702 3,761 3,721 3,697 3,704 3,699 3,753 3,822 3,890 3,941 3,957 3,964 3,979 3,949 3,887 1,921 1,930 2,285 3,010 3,192 3,658 3,999 3,993 3,983 4,099 4,252 4,541 4,719 4,985 5,194 5,428 5,643 5,919 6,100 6,233 1,270 1,367 1,293 1,908 1,926 2,008 2,113 2,223 2,251 2,452 2,754 2,989 2,973 3,239 3,372 3,589 3,575 3,761 3,910 4,296 816 888 1,544 25 1,376 1,476 1,704 2,217 2,826 3,454 3,492 4,200 5,115 47 59 82 245 290 452 563 564 572 615 691 915 1,063 1,214 1,325 1,393 1,454 1,583 1,630 1,690 2 ,5 5 ,0 7 ,5 1 ,0 1 2 ,5 1 5 ,0 1 7 ,5 2 ,0 2 2 ,5 25 ,000 2 7 ,5 3 ,0 3 2 ,5 3 5 ,0 3 7 ,5 4 ,0 Q4 04 Q4 05 Q4 06 Q4 07 Q1 08 Q2 08 Q3 08 Q4 08 Q1 09 Q2 09 Q3 09 Q4 09 Q1 10 Q2 10 Q3 10 Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 O ther Aut o C a sh C ol la ter a l Loa ns C redi t C a rds P a yro ll Loa ns H om e Equi ty L oa ns M or tgages …as el l as Cosue ledi g, hi h ose 27. 06 Y -o -Y Mort gages and Veh icl es Loan T ype Gr o wth Y -o -Y Q -o -Q Ot her 2 1 .3 3 .3 9 Aut o Loans 8 .9 8 2 1 .8 Cr edi t Car ds 1 9 .6 9 9 .8 P a yr ol l Loan s 1 4 .8 2 2 .1 Home E qui ty Loans -1 .7 8 -1 .5 7 Mortg age s 3 1 .7 7 .9 Tot al Consumer 2 7 .0 6 7 .5 6 Quart erl y C onsum er Loan B al an ces b y Typ e C onsum er Loan G row th b y Typ e Rp3 9 tn Au to M oto rcy cl e Loans cha nn el ed or ex ecu ted th rou fi na nce co m pa ni es = Rp 6 .97 Tn in ou r C om m ercia l Loan P ort fol io 375 566 852 966 1,146 587 302 78 398 341 425 606 694 1,306 1,369 1,656 Q 1 1 Q 2 10 Q 3 1 Q 4 1 Q 1 1 1 Q 2 1 1 Q 3 1 1 Q 4 1 1 JF Non JF Total Booking and the Breakdown for Joint Financing and Non JF Breakdown of Financing 405 539 806 1,101 1,370 1,364 1,245 1,355 309 306 351 372 350 422 342 312 61 79 118 99 118 109 84 67 Q 1 1 Q 2 1 Q 3 1 Q 4 1 Q 1 1 1 Q 2 1 1 Q 3 1 1 Q 4 1 1 Motorcycle Used Car New Car 2011 Performance 29 Rp Bn 2011 2010 Change Loans 8,361 4,824 73.32 Net Income 65.7 70.3 -6.54 Approval Rate 84.71 86.45 -2.01 Disbursement 7,138 4,549 56.91 NIM 3.64 4.95 -26.46 ROA 2.83 4.72 -40.04 ROE 16.92 19.77 -14.42 CER 46.51 47.25 -1.57 NPL 1.11 0.93 19.35 12,655 16,202 10,983 8,334 12,912 16,966 15,148 14,058 13,451 13,502 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 2,0 00 4,0 00 6,0 00 8,0 00 10 ,000 12 ,00 14 ,00 16 ,00 18 ,00 20 ,00 Q4 01 Q4 02 Q4 03 Q4 04 Q4 05 Q4 06 Q4 07 Q1 08 Q2 08 Q3 08 Q4 08 Q1 09 Q2 09 Q3 09 Q4 09 Q1 10 Q2 10 Q3 10 Q4 10 Q111 Q211 Q311 Q411 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 11.5 10.0 9.2 9.7 10.2 10.6 9 .0 7.2 6.1 5.3 4.6 4.2 Cat 2 N P L Mo vem en t - C onso lida ted 19.80 9.70 7.30 8.60 7.10 25.28 16.34 7.17 5.14 4.74 4.44 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 15.3 0.5 6 0.5 5 70 .0 14 6.7 12 9.5 19 0.4 13 9.1 12 8.8 44 .4 11 6.0 138 .9 13 6.1 21 9.1 20 6.0 19 2.4 17 5.0 15 5.5 17 4.2 Q4 99 Q4 00 Q4 01 Q4 02 Q4 03 Q4 04 Q4 05 Q4 06 Q4 07 Q1 08 Q2 08 Q3 08 Q4 08 Q1 09 Q2 09 Q3 09 Q4 09 Q1 10 Q2 10 Q3 10 Q4 10 Q111 Q211 Q311 Q411 Gro ss N PL Rat io N et N PL Rat io Pr o vN PL Gr oss NPL s 2. 2 , coverage at 17 4 - Cat egory 2 loan decl ine d t o 4.2 C a teg or y 2 Loans – B an k On ly NPLs Rp tn Q4  Rp tn NPLs Corporate 2.93 0.16 2.63 Commercial 1.12 0.22 1.38 Small 0.75 0.12 2.48 Micro 0.48 0.01 4.07 Consumer 0.77 0.07 1.97 Total 6.05 0.25 2.18 Non-Performing Loans by Segment Excluding Restructuring Losses and loans to other banks. 36.37 312.14 152.29 95.83 61.38 145.22 83.54 281.90 229.49 78.09 110.48 134.87 250 500 750 1,000 UG to PL DG to NPL WO Cons MicroSmall Comm Corp Movement by Customer Segment Rp Bn 6.30 0.29 0.77 0.22 0.66 0.16 6.05 Q3 11 UG to PL DG to NPL Payment Write-Offs Other Q4 11 Non-Performing Loan Movements Rp tn – Bank Only 31 Total Loans originated since 2005 Net Upgrades Downgrades Q4 2011Details Loan Background Q Balance Rp bn Q4 2009 Q1 2010 Q2 2010 Q3 2010 Q4 2010 Q1 2011 Q2 2011 Q3 2011 Q4 2011 DG to NPL UG to PL Corporate 97,224.86 0.03 0.28 0.17 0.18 0.05 0.45 - 0.20 0.29 0.31 0.02 Commercial 74,222.81 0.04 0.51 0.27 0.13 0.04 0.27 0.05 0.13 0.00 0.07 0.08 Small 26,594.27 0.62 0.92 0.40 0.83 0.37 0.92 0.91 0.91 0.29 0.49 0.20 Micro 11,733.84 1.39 2.47 1.97 2.17 1.51 2.08 1.69 1.93 1.03 1.19 0.17 Consumer 38,128.72 0.11 0.40 0.33 0.35 0.14 0.45 0.28 0.33 0.08 0.28 0.19 Total 247,904.50 0.12 0.50 0.32 0.33 0.12 0.51 0.22 0.34 0.21 0.29 0.09 downgrades and upgrades are quarterly figures 32 34 .56 35 .24 37 .83 36 .49 35 .64 31 .15 29 .19 29 .75 30 .62 33 .96 35 .68 38 .86 38 .60 41 .87 44 .44 40 .35 104.5 95.9 111.0 80.5 78.3 68.5 61.9 68.2 71.7 76.3 80.7 86.6 82.9 91.5 89.0 75.8 50.0 60.0 70.0 80.0 90.0 100.0 110.0 120.0 Ma r 8 Ju ne 8 Sep 8 Dec 8 Ma r 9 Ju ne 9 Sep 9 Dec 9 Ma r 1 Ju ne 1 Sep 1 Dec 1 Ma r 1 1 Ju ne 1 1 Sep 1 1 Dec 1 1 20 25 30 35 40 45 50 55 60 Loan Fx LDR FX USD Billion Rp Trillion Bank Only Breakdown of FX lending Bank Only Q4 Total USD 4.45Bn 0.02 0.05 0.17 0.20 0.25 0.30 0.42 0.47 1.11 1.45 Soc Serv Oth Constr Utilities Trans Bus Serv Trading Agri Mfg Mining  18 -27 39 22 66 22 -15 28 -31 12 33 3,463 4,394 4,756 3,500 4,302 5,169 8,836 9,175 9,607 9,777 9,954 10,231 10,360 10 ,434 10,533 11,040 11,107 11,500 12 ,281 15,469 Jan Feb Mar Apr May Jun Jul Agt Sept Oct Nov Dec Jan 11 Feb 11 Mar 11 Apr 11 May 11 Jun 11 Sep 11 Dec 11 319 1,275 1,389 1,609 1,821 2,085 2,283 2,558 3,202 4,067 4,324 4,878 5,665 7,466 Q406 Q408 Q109 Q209 Q309 Q409 Q110 Q210 Q310 Q410 Q111 Q211 Q311 Q411 Rp Billion Consumer Loans from Alliance Program 10 top corporate clients Total Payroll in 2010-2011 Rp Billion Co-Branding Prepaid Card Program 3,625 7,272 12,108 14,612 16,495 23,660 36,987 55,174 57,945 63,922 75,407 99,805 Q109 Q209 Q309 Q409 Q110 Q210 Q310 Q410 Q111 Q211 Q311 Q411 Corporate Card Holder from Alliance Program 10 top corporate clients Including all payments to the employees 34 Total Assets Rp48.67 tn Bond Trading Volume Rp52 tn Total Assets Rp11.77 tn Total Loans Rp623 bn Total Financing Rp7.1tn Total Financing Rp36.73 tn Equity FI Underwriting Rp14.1 tn Annual FYP Rp 3.227 bn Net Interest Margin 11.10 Net Interest Margin 3.64 Total Deposits Rp42.62 tn Equity Trading Volume Rp80.8 tn Fee Contribution Rp403.5 bn ROA 2.24 ROA Before Tax 2.83 ROE 24.24 ROE 8.9 ROE 83.30 ROE 11.25 ROE After Tax 16.92 • 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 35 AXA Man di ri Fi nan ci al Servi ces Performances N e t P rof it Af ter Ta x in Bn Ann u al Fi rs t Year P rem ium AF YP i n Bn O f P ol ic yh ol d er s 89 90 245 235 171 183 408 439 1Q 10 2Q 10 3Q 10 4Q 10 1Q 11 2Q 11 3Q 11 4Q 11 403 599 549 673 820 742 769 946 1Q 10 2Q 10 3Q 10 4Q 10 1Q 11 2Q 11 3Q 11 4Q 11 41 Y o 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 1Q 10 2Q 10 3Q 10 4Q 10 1Q 11 2Q 11 3Q 11 4Q 11 9 Yo Y Gr o w th 87 Y o Y Gr o w th Rp T n 2011 2010 Ap p rai sal V al u e 3 1 .3 2 1 .0 Target 2011 Target 2012 Gross Loan Growth YoY 20-22 20-22 Low Cost Deposits Consolidated 225 Tn 300 Tn Net Interest Margins 5.30 ~ 5.20 Efficiency Ratio 45 ~ 45 Gross NPLs 3 3 Cost of Credit 1-1.2 ~ 1-1.2 of New ATMs 1,000 1,500 of New EDCs 45,000 70,000 of New Micro Outlets 400 300 of New Branches 60 60 37 38 Operating Performance Highlights 39 Rp bn Rp bn 2,876 1,135 780 513 4,278 710 3,569 741 522 1,075 393 547 1,106 824 954 537 1,138 416 1,187 659 1,144 1,011 1,035 2008 2009 2010 2011 Q1 Q2 Q3 Q4 7.3 2,483 Performance to Date: FY 2011 Contribution Margin after PPAP Strategies for 2011 1. Improve the organization of Corporate Banking to support the achievement of business growth and market share both transactions and other major businesses, such as credit, funds, and fee-based income. 2. Develop business solutions capability by providing products and services that are flexible to customer needs. Identifying and understanding the specific needs of the customer to develop a total business relationship. 3. continue to develop and strengthen business alliances to support the strategy of increasing transaction services retail payment in order to increase low cost fund and fee- based income, and develop retail financing for segments managed by other SBUs. 3,326 3,910 3,569 FY 2010 FY 2011 Y-o-Y  Revenues 398 449 13 • Investment Banking 71 107 51 • Capital Market 197 224 14 • Investment Mgt 65 81 25 • Asset Recovery 65 37 43 Operating Expenses 245 316 29 Earnings After Tax 103 69 33 Equity Transactions - bn 69.214 80.849 17 SUN Transactions - bn 40.429 51.989 29 Bonds Underwritten - bn 10.321 14.141 37 ROA 11.9 7 41 ROE 14.2 8.9 37 Rp Bn 40 41 1. Optimizing Online FX Dealing System, 88 Mandiri Money Changer and 88 Regional Treasury Marketing. 2. Development of cash pooling management. 3. Intense cooperation with correspondent banks and remittance service providers. 4. Intensification the position of marketing representatives in the countries of TKI destination. 5. Applying the best restructuring scheme to support cooperativeprospective debtors. 6. Increasing the intensity of billing against NPL debtors who have been restructured. 7. Optimizing written offs collection through legal action. 8. Optimization of e-auction for procurement. 2010 2011: Including Collection from SAM and excluding International branches except Cayman Branch 1,075 4,734 324 5,485 409 5,894 210 455 724 3,091 153 348 1,338 389 322 316 1,247 954 118 263 1,540 1,460 2008 2009 2010 2011 Q1 Q2 Q3 Q4 803 21.6 4,848 1,382 5,894 Performance to Date: FY 2011 Contribution Margin after PPAP Strategies for 2011 Rp bn Rp bn 852 923 939 1,010 946 1,266 1,176 1,314 714 1,166 1,174 1,057 665 1,094 1,420 1,677 2008 2009 2010 2011 Q1 Q2 Q3 Q4 incl CM of Small Business BSMin June 2010 Decline due to PSAK5055Implementation 42 4,659 853 1,299 837 5,974 916 5,058 7.4 3,026 1. Supporting Bank Mandiri Wholesale Banking vision as an Integrated Wholesale Bank through sophisticated, customized and completed services to 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: FY 2011 Contribution Margin after PPAP Strategies for 2011 Rp bn Rp bn 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 2005 Q4 6 Q4 7 Q1 8 Q 2 08 Q3 8 Q4 8 Q1 9 Q2 9 Q3 9 Q4 9 Q1 1 Q210 Q310 Q410 Q111 Q211 Q311 Q411 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 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 1 .31 1 1 .15 1 2 .73 1 3 .77 1 3 .25 1 3 .43 1 4 .23 1 4 .94 1 6 .06 1 7 .65 1 9 .87 2 1 .44 2 3 .97 2 7 .09 3 .01 3 4 .41 3 6 .73 Q4 07 Q1 08 Q2 08 Q3 08 Q4 08 Q1 09 Q2 09 Q3 09 Q4 09 Q1 10 Q2 10 Q3 10 Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 Financing 43 90.2 91 .1 91.1 89.2 99.1 89.1 86.9 87.0 87.9 83.1 83.9 85.2 86.3 82.7 84.1 88.5 86.2 FDR Syariah Financing Rp tn Net Interest Margin Cost of Funds Financial Performance Rp bn YoA CoF NIM FY FY FY FY FY FY Financing 7,415 10,305 13,278 16,063 23,968 36,727 Deposits 8,219 11,106 14,899 19,338 28,998 42,618 Assets 9,555 12,888 17,066 22,037 32,481 48,672 EAT 65.48 114.64 196.42 290.94 418.52 551.07 Ratios: ROA 1.10 1.54 1.83 2.23 2.21 1.95 ROE 10.23 15.94 21.34 21.40 25.05 24.24 Net NPF 4.64 3.43 2.37 1.34 1.29 0.95 44 Expanding Scope of Distribution, 2011 Solid Stable Source of Low Cost Funds Product FY 2010 FY 2011 Growth Demand Deposit 22.91 25.56 11.58 Rupiah 16.29 17.71 8.75 FX 6.62 7.85 18.55 Saving Deposit 2.12 2.55 20.32 Total Low Cost Fund 25.03 28.12 12.32 Total Funding 37.34 42.54 13.91 Rp Tn Low Cost Fund Ratio = 66.1 Funding from Java Bali = 76.9 of total funding Sumatera Loans = Rp 11.4 tn Funds = Rp 5.4 tn Kalimantan Loans = Rp 4.6 tn Funds = Rp 3.6 tn Eastern Loans = Rp 2.1 tn Funds = Rp 0.9 tn Java and Bali Loans = Rp 62.6 tn Funds = Rp 32.7 tn Business Savings Product excl. BB CBC = 24 Unit Floor = 26 Unit TSC = 13 Unit TSD = 15 Unit BBC BB Floor Medan Makassar Banjarmas in Surabaya Semarang Denpasar Bandung Pekanbaru Palembang B.Lampung Pontianak Samarinda Manado Palu Jayapura Balikpapan Batam Jambi Pematang siantar Padang Bekasi Jakarta Solo Tangerang Bogor BBC : 34 BB Floor : 72 BB Desk : 85 Mandiri Business Lounge : 24 45 Expanding Scope of Distribution, 2011 Solid Stable Source of Low Cost Funds Product FY 2010 FY 2011 Growth Demand Deposit 2.40 3.36 40.25 Saving Deposit 0.55 0.86 56.17 Total Low Cost Fund 2.95 4.22 43.23 Total Funding 4.05 5.12 26.25 Rp Tn Low Cost Fund Ratio = 82.6 Funding from Java Bali = 62.7 of total funding Sumatera Loans = Rp 7.9 tn Funds = Rp 1.0 tn Kalimantan Loans = Rp 4.1 tn Funds = Rp 0.5 tn Eastern Loans = Rp 3.8 tn Funds = Rp 0.3 tn Java and Bali Loans = Rp 14.4 tn Funds = Rp 3.2 tn •Business Savings Product Exclude mirroring with MRB Directorate 727 1,126 761 981 880 855 583 842 1,319 449 877 1,033 1,069 722 899 1,311 2008 2009 2010 2011 Q4 Q3 Q2 Q1 Including Small Business 4,167 46 25.5 1,956 5,080 3,747 6,069 4,714 546 4,168 3,995 1. Continue to develop retail payment solutions for top retail industry value chains and business clusters in order to increase low cost deposit and fee- based income 2. Develop customer education to further increase usage of new retail products e.g., pre-paid as well as e- channel transactions in order to i ease usto e s loyalty a d balances. 3. Continue to develop integrated branding, marketing strategies and comprehensive distribution strategy ATMs, Branches, EDCs located at optimal locations 3,152 3,320 Performance to Date: FY 2011 Contribution Margin after PPAP Strategies for 2011 Rp bn Rp bn 47 174 252 476 496

200 355

455 486 133 413 526 531 324 489 474 693 2008 2009 2010 2011 Q1 Q2 Q3 Q4 831 1,509 14.5 1,926 1. Develop clear portfolio strategy, targeted to key customer segments 2. Differentiate acquisition strategy by markets 3. Increase existing cards productivity 4. Strengthen Consumer Loan organization structure to support the achievement of business target, internal portfolio growth and the increasing proportion of market share 5. Improving technology in credit process through Loan Factory project shared with Cons Card, Small Micro to shorten credit turn around time 6. Increasing alliance with other BU to support the achievement of business target 2,205 2,640 915 664 2,891 686 2,205 Performance to Date: FY 2011 Contribution Margin after PPAP Strategies for 2011 Rp bn Rp bn 48 Supporting Materials Savings Deposit Growth Transaction channel growth 49 17 .96 22 .12 2 9 .5 9 40 .50 52 .00 45 .20 5 7 .6 81 .54 89 .61 85 .39 9 1 .1 1 95 .95 10 6.45 99 .38 1 5 .5 11 1.59 12 3.50 12 1.49 1 3 9 .1 5 14 7.62 16 3.78 11.0 11.7 16.2 22.8 30.6 22.7 29.2 34.6 32.8 33.4 33.7 34.5 34.1 34.9 37.7 37.1 37.3 38.4 39.2 38.8 11.6 12.8 15.3 16.9 17.5 16.0 17.2 18.5 18.0 17.3 17.8 17.9 17.6 17.3 17.3 17.1 16.8 17.3 16.9 16.9 Q 4 00 Q 4 01 Q 4 02 Q 4 03 Q 4 04 Q 4 05 Q 4 06 Q 4 07 Q 4 08 Q 1 09 Q 2 09 Q 3 09 Q 4 09 Q 1 10 Q 210 Q 310 Q 410 Q 111 Q 2 11 Q 3 11 Q 411 Savings Deposits Rp tn As of Total Deposits National Share of Savings Deposits 49 2.1 60 7.5 67 7.0 85 3.4 1,0 43 .4 1,1 00 .5 1,1 58 .9 1,2 30 .6 1,3 15 .4 1,2 93 .3 1,3 21 .8 1,3 80 .5 1,3 57 .4 1,4 72 .3 1,5 56 .5 1,6 79 .4 1,6 88 .9 19.6 29.3 39.1 55.0 84.7 97.4 106.6 116.7 131.4 129.9 136.5 143.2 147.5 157.6 168.3 182.7 197.3 30.8 29.8 37.4 49.6 55.8 61.6 63.2 67.2 73.071.973.2 77.676.0 82.5 85.4 92.991.2 Other Payment Transfer Withdrawal Inquiry Avg ATM Daily Vol 000 1,069 3,072 6 ,9 8 8 11 ,57 5 16 ,97 4 22 ,32 8 25 ,81 9 33 ,50 2 39 ,56 9 42 ,54 6 44 ,51 2 47 ,70 5 51 ,75 1 53 ,81 7 57 ,58 3 64 ,09 71 ,82 2 75 ,98 27 679 1,016 1,086 1,722 2,988 3,009 2,955 3,165 2,780 2,822 2,976 3,335 3,454 3,216 3,084 3,258 2,953 3,219 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 Q410 Q1 11 Q211 Q3 11 Q411 Quarterly Call Center Trans. 000 Quarterly SMS Trans. 000 Operating Account of IDR 20,036 Bn Trade Services of USD 443 Mn Value chain comprises 31 companies Payroll up to 2,083 accounts Number of EDC installed : 152 units Credit cards amounted to 3,279 cardholders Loans to employees IDR 27.0 Bn Company Alpha 50 51 23,591 11,769 16,311 17,648 1,401 Net Interest Income Fee-Based Income Overhead Expenses Others Pre-provision Operating Profit 12M 2011 Notes : 1. Fee based income excluding gain on sale increasing value GB securities 2. Overhead expenses + others excluding provisions Excluding non recurring income from Garuda Recovery Rp 17,648 12M 2010 Rp billion Up 15.9 20,072 8,433 12,075 16,429 Net Interest Income Fee-Based Income Overhead Expenses Others Pre-provision Operating Profit Rp billion 7.4 Reduce Cost of Funds Improve Assets Yield Diversify into Fee Income Reduce ProvisionLoan Improve Cost Efficiency  Leverage on cash generator wholesale to accelerate growth  Diversity into fee income Competitive, sustainable returns, with above-average rates of growth Business Strategy Strategic Alliances Support Strategy 52 2,35 8k Vi sa Mast ercards trans acted Rp4. 30t n in Q4 2011 Man d iri V isa Mas ter car d s an d E O Q R ec ei vab les 567.5 814.9 1,270.2 1,367.4 1,292.8 1,907.5 1,925.9 2,007.7 2,112.7 2,223.2 2,251.0 2,452.2 2,753.7 2,989.3 2,973.4 3,238.7 3,372.5 3,589.2 3,574.9 3,760.9 3,910.5 4,296.0 226 338 651 752 872 1,0 89 1,3 31 1,6 08 1,6 78 1,7 70 1,8 68 1,9 80 2,0 81 2,1 56 2,2 54 2,3 58 Q4 02 Q4 03 Q4 04 Q4 05 Q4 06 Q4 07 Q1 08 Q2 08 Q3 08 Q4 08 Q1 09 Q2 09 Q3 09 Q4 09 Q1 10 Q2 10 Q3 10 Q4 10 Q1 11 Q2 11 Q3 11 Q411 R ecei vab les Rp B n Car d s 00 0s 535 521 532 606 600 836 1,514 1,443 1,668 1,904 1,914 1,891 2,163 2,552 2,676 2,497 2,848 3,003 3,132 3,032 3,421 3,669 4,080 62 61 57 81 56 68 61 62 57 63 63 59 54 60 58 50 55 55 56 53 53 56 24 16 10 18 8 11 9 10 32 59 19 39 52 43 55 64 75 65 72 82 58 43 Q4 04 Q1 05 Q2 05 Q3 05 Q4 05 Q4 06 Q4 07 Q1 08 Q2 08 Q3 08 Q4 08 Q1 09 Q2 09 Q3 09 Q4 09 Q1 10 Q2 10 Q3 10 Q4 10 Q1 11 Q2 11 Q311 Tr an sf er B al an ce Cas h Ad van ce R e tai l Tot al C ar d Quart erl y Sal es b y Typ e o f Tr an sact io n R p B n 54 Corporate Customer by Rating Summary of Risk Management Initiatives Credit Market Operational • ORM implementation in all unit, incl. overseas offices subsidiary • Bring Op. Risk top issues into Management • Review Op. Risk on new procedures new products • Development of risk measurement system for derivative structured product Summit • Implement Market Risk Internal Model • Intraday Limit Monitoring • Enhance Policy Procedure for Treasury ALM • Enhance FTP Fund Transfer Pricing method • Develop liquidity stress test safety level • Develop measurement of capital for IRBB • Wholesale Transaction: Optimize credit decision process by focusing on quantitative factors of analysis, redefining clear role of risk team , and aligning RM Organization into business expansion • High Yield Business: Assign dedicated team, set up loan factory, enhanced business process incl. tools, monitoring collection system, policy • Optimize capital by implementing ERM VBA • Consolidate risk management of subsidiaries High Risk Rating C- G Medium Risk Rating BBB – B Low Risk Rating AAA – A 51 64 68 60 69 91 34 24 21 25 24 7 15 12 11 15 7 2 20 40 60 80 100 2006 2007 2008 2009 2010 2011 55 IDR billion Cons FY Q FY Y-o-Y  Gross Loans 246,201 297,482 314,381 27.7 Government Bonds 78,093 78,095 78,459 0.47 Total Assets 449,775 501,945 551,892 22.7 Customer Deposits 362,212 376,370 422,251 16.6 Total Equity 42,070 59,764 62,654 48.9 RoA - before tax p.a. 3.40 3.50 3.38 RoE – after tax p.a. 24.24 22,65 21.98 Cost to Income 42.36 39.00 41.60 NIM p.a. 5.28 5.14 5.11 LDR 67.58 78.66 74.06 Gross NPL Total Loans 2.42 2.56 2.21 Provisions NPLs 192.36 155.47 174.17 Tier 1 CAR 11.57 14.84 14.86 Total CAR incl Credit Opr Risk 13.46 16.07 15.18 Total CAR incl. Market Risk 13.36 16.01 15.13 EPS Rp 439.38 393.11 529.33 20.47 Book ValueShare Rp 2,005 2,939 2,708 35.06 56 Tot al Asse ts grew 22.7 Y -o -Y to Rp551.9 tn Tot al Asse ts Rp tn Con sol id a ted 176.9 153.5 148.8 122.9 93.1 92.1 92.2 92.3 91.0 90.6 90.6 89.5 90.8 89.5 88.6 88.4 88.5 88.3 88.4 88.2 88.4 89.1 86.8 83.5 82.2 78.1 78.2 77.9 78.1 78.5 43.0 48.3 65.4 65.4 75.9 106.9 105.1 107.8 108.8 117.7 114.3 116.3 121.7 138.5 135.5 149.6 162.8 174.5 175.2 181.6 188.3 198.5 201.9 218.0 231.9 246.2 251.8 276.7 297.5 314.4 27.0 33.4 60.5 36.1 50.6 64.5 57.6 55.1 54.0 59.2 56.1 59.2 61.2 91.1 75.5 66.7 67.4 95.7 84.1 89.0 89.8 106.9 110.6 100.6 95.3 125.5 136.1 120.3 126.4 159.1 40 80 120 160 200 240 280 320 360 400 440 480 520 560 Q4 00 Q4 01 Q4 02 Q4 03 Q4 04 Q4 05 Q1 06 Q2 06 Q3 06 Q4 06 Q1 07 Q2 07 Q3 07 Q4 07 Q1 08 Q2 08 Q3 08 Q4 08 Q1 09 Q2 09 Q3 09 Q4 09 Q1 10 Q2 10 Q3 10 Q410 Q111 Q211 Q311 Q411 G ove rnme nt B ond s Loa ns O the r Ass e ts 75 .4 75 .4 74 .1 60 .6 40 .9 47 .1 34 .8 32 .3 32 .4 25 .4 19 .6 17 .7 16 .6 13 .4 11 .2 19 .0 19 .0 19 .0 34 .1 46 .9 50 .1 52 .2 56 .8 57 .2 63 .6 68 .3 76 .0 71 .7 76 .5 75 .5 79 .5 In t. fro m B o n d s In t. fro m Loa n s 57 Written-off Loans  Aggregate of Rp32.796 tn US 3.617 bn in written-off loans as of end-December 2011, with significant recoveries on-going:  2001: Rp2.0 tn  2002: Rp1.1 tn  2003: Rp1.2 tn  2004: Rp1.08 tn  2005: Rp0.818 tn US 83.2 mn  2006: Rp3.408 tn US 378.5 mn  2007: Rp1.531 tn US 249.3 mn  2008: Rp2.309 tn US 211.8 mn  Mo : Rp1.489 tn US 146.4 mn  Q : Rp0.775 tn US 82.5 mn  Q : Rp0.287 tn US 31.6 mn  Q : Rp0.662 tn US 73.0 mn  Q : Rp0.363 tn US 40.7 mn  Q : Rp1.349 tn US149.7 mn  Q : Rp0.468 tn US53.8 mn  Q : Rp0.446 tn US51.9 mn  Q : Rp0.508 tn US57.8 mn  Q : Rp0.78 tn US86.1 mn including the write-back of RGM loans totaling Rp2.336 tn Including the write back of Kharisma Arya Paksi loans totaling Rp 0.124 tn and Gde Kadek Rp0.59tn. 58 Summary BS Q Q Q Q Q Y-o-Y Rp tn Rp tn Rp tn Rp tn Rp tn US bn  Total Assets 449.78 466.08 474.93 501.95 551.89 60.86 22.70 Cash 9.52 7.42 8.78 10.37

11.36 1.25