ESTIMATED LIABILITY FOR EMPLOYEE BENEFITS continued

These consolidated financial statements are originally issued in Indonesian language. PT INDOCEMENT TUNGGAL PRAKARSA Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Three months ended March 31, 2008 and 2007 Expressed in rupiah, unless otherwise stated 43

22. ESTIMATED LIABILITY FOR EMPLOYEE BENEFITS continued

b. Post-retirement Healthcare Benefits continued A reconciliation of estimated liability for post-retirement healthcare benefits is as follows: 2008 2007 Present value of defined benefit obligation 16,671,398,752 15,444,244,147 Unamortized balance of non-vested past service costs 9,561,457,250 10,339,444,250 Actuarial gains 3,720,456,000 3,104,620,000 Liability recognized in the consolidated balance sheets 10,830,397,502 8,209,419,897 Movements in the estimated liability for post-retirement healthcare benefits are as follows: 2008 2007 Balance at beginning of year 10,252,037,620 7,557,608,000 Provision during the period 762,362,500 767,937,750 Payments during the period 184,002,618 116,125,853 Balance at end of period presented as “Non-current Liabilities - Estimated Liability for Post-retirement Healthcare Benefits” in the consolidated balance sheets 10,830,397,502 8,209,419,897 Non-vested past service costs are amortized over the remaining number of years of service of active employees, which is 13.66 years in 2008 and 13.84 years in 2007. 23. TRANSACTIONS AND ACCOUNTS WITH RELATED PARTIES In the normal course of business, the Company and Subsidiaries entered into transactions with related parties. The significant transactions and related account balances with related parties are as follows: Percentage to Total AssetsLiabilities and Related Amount IncomeExpenses 2008 2007 2008 2007 Trade Receivables - Related Party HCT Services Asia Pte., Ltd., Singapore 11,150,715,540 60,971,894,946 0.11 0.64 Due from Related Parties Officers and employees 32,931,369,789 44,502,659,536 0.32 0.46 HC Trading 3,713,639,052 131,518,725 0.04 0.01 PT Cibinong Center Industrial Estate 1,419,702,522 2,254,864,664 0.01 0.02 Total 38,064,711,363 46,889,042,925 0.37 0.49 These consolidated financial statements are originally issued in Indonesian language. PT INDOCEMENT TUNGGAL PRAKARSA Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Three months ended March 31, 2008 and 2007 Expressed in rupiah, unless otherwise stated 44

23. TRANSACTIONS AND ACCOUNTS WITH RELATED PARTIES continued