IMPACT ON THE INITIAL IMPLEMENTATION OF SFAS 50 REVISED 2006 AND SFAS 55 REVISED 2006

PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS AT 31 DECEMBER 2010, 2009 AND 2008 Expressed in millions of Rupiah, unless otherwise stated Appendix 5138 50. RELATED PARTY TRANSACTIONS continued  Related by ownership andor management: continued Related Parties Nature of Relationship Nature of Transaction PT Marga Mandala Sakti Owned by subsidiaries’ minority shareholders Deposits from customers, Loans PT Marga Trans Nusantara Owned by subsidiaries’ minority shareholders Deposits from customers, Bank Guarantee PT Pamapersada Nusantara Owned by subsidiaries’ minority shareholders Deposits from customers PT Serasi Auto Raya Owned by subsidiaries’ minority shareholders Deposits from customers, Loans PT Surya Artha Nusantara SAN Finance Owned by subsidiaries’ minority shareholders Deposits from customers PT Surya Sudeco Owned by subsidiaries’ minority shareholders Deposits from customers, Loans PT Tunas Andalan Pratama Owned by subsidiaries’ minority shareholders Deposits from customers PT Tunas Dwipa Matra Owned by subsidiaries’ minority shareholders Deposits from customers PT Tunas Mobilindo Parama Owned by subsidiaries’ minority shareholders Deposits from customers PT Tunas Ridean Tbk. Owned by subsidiaries’ minority shareholders Deposits from customers PT United Tractors Pandu Engineering Owned by subsidiaries’ minority shareholders Deposits from customers PT United Tractors Semen Gresik Owned by subsidiaries’ minority shareholders Deposits from customers PT United Tractors Tbk. Owned by subsidiaries’ minority shareholders Deposits from customers, Bank Guarantee PT Koexim Mandiri Finance Owned by the same ultimate shareholders Deposits from customers PT Mandiri Management Investasi Owned by the same ultimate shareholders Deposits from customers PT Pengelola Investama Mandiri Owned by the same ultimate shareholders Deposits from customers PT Telekomunikasi Indonesia Persero Tbk. Related by management personnel Deposits from customers, Bank Guarantee Koperasi Kesehatan Pegawai dan Pensiunan Bank Mandiri Mandiri Healthcare Employees and pensioners as member and key management relationship Providing health program to Employees and Pensioners  Related by management or key personnel of Bank Mandiri Salary, allowances and bonuses of the Boards of Commissioners, Directors, Audit Committee, Risk Monitoring and Good Corporate Governance Committee and Executive Vice President and Senior Vice President Note 42 for the years ended 31 December 2010, 2009 and 2008 amounting to Rp265,300, Rp188,993 and Rp148,875 or 0.89, 0.68 and 0.61 of total consolidated operating expenses, respectively. Shares owned by the Board of Directors from MSOP program for the years ended 31 December 2010, 2009 and 2008 amounting to 23,005,642 shares, 54,913,985 shares and 46,129,749 shares or 0.07, 0.17 and 0.14 of number of shares of authorised capital, respectively. PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS AT 31 DECEMBER 2010, 2009 AND 2008 Expressed in millions of Rupiah, unless otherwise stated Appendix 5139 50. RELATED PARTY TRANSACTIONS continued