LONG-TERM LOANS continued LONG-TERM BONDS

PT XL AXIATA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2007, 2008 AND 2009; AND 31 MARCH 2009 AND 2010 Expressed in millions of Rupiah, unless otherwise stated Page 37

16. SHARE CAPITAL AND ADDITIONAL PAID-IN CAPITAL

Share Capital The authorised share capital as at 31 December 2007, 2008 and 2009; and 31 March 2009 and 2010 is 22,650,000,000 shares, with a par value of Rp 100 full amount per share. Issued and fully paid share capital as at 31 December 2007, 2008 and 2009; and 31 March 2009 and 2010 are 7,090,000,000 shares, 7,090,000,000 shares and 8,508,000,000 shares; and 7,090,000,000 shares and 8,508,000,000 shares, respectively. The composition of the Company’s shareholders as at 31 December 2007 was as follows: Number of shares Amount Rp Indocel Holding Sdn. Bhd. formerly Nynex Indocel Holding Sdn. 4,749,383,500 474,938 66.99 Khazanah Nasional Berhad 1,191,553,500 119,155 16.81 Emirates Telecommunications Corporation Etisalat International Indonesia Ltd. 1,132,497,500 113,250 15.97 Public 16,565,500 1,657 0.23 7,090,000,000 709,000 100.00 As at 31 December 2007, the 16,565,500 shares owned by the public included those owned by the directors of the Company, who hold 49,000 shares. The composition of the Company’s shareholders as at 31 December 2008 was as follows: Number of shares Amount Rp Indocel Holding Sdn. Bhd. formerly Nynex Indocel Holding Sdn. 5,940,937,000 594,094 83.80 Emirates Telecommunications Corporation Etisalat International Indonesia Ltd. 1,132,497,500 113,250 15.97 Public 16,565,500 1,656 0.23 7,090,000,000 709,000 100.00 As at 31 December 2008, the 16,565,500 shares owned by the public included those owned by the directors of the Company, who hold 344,000 shares. PT XL AXIATA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2007, 2008 AND 2009; AND 31 MARCH 2009 AND 2010 Expressed in millions of Rupiah, unless otherwise stated Page 38

16. SHARE CAPITAL AND ADDITIONAL PAID-IN CAPITAL continued

Share Capital continued The composition of the Company’s shareholders as at 31 December 2009 was as follows Number of shares Amount Rp Indocel Holding Sdn. Bhd. formerly Nynex Indocel Holding Sdn. 7,358,709,290 735,871 86.50 Emirates Telecommunications Corporation Etisalat International Indonesia Ltd. 1,132,497,500 113,250 13.30 Public 16,793,210 1,679 0.20 8,508,000,000 850,800 100.00 As at 31 December 2009, the 16,793,210 shares owned by the public included those owned by the directors of the Company, who hold 732,000 shares. On 16 November 2009, the Extraordinary General Meeting of Shareholders approved the limited public offering I “LPO I” in respect of a rights issue with pre-emptive rights. The Indonesian Capital Market and Financial Institutions Supervisory Agency BAPEPAM-LK issued an effective statement relating to LPO I on 16 November 2009. Subsequently on 11 December 2009, the Company completed the LPO I and issued 1,418,000,000 new shares. Proceeds from LPO I were utilised to repay debts. The composition of the Company’s shareholders as at 31 March 2009 is as follows: Number of shares Amount Rp Indocel Holding Sdn. Bhd. formerly Nynex Indocel Holding Sdn. 5,940,937,000 594,094 83.80 Emirates Telecommunications Corporation Etisalat International Indonesia Ltd. 1,132,497,500 113,250 15.97 Public 16,565,500 1,656 0.23 7,090,000,000 709,000 100.00 As at 31 March 2009, the 16,565,500 shares owned by the public included those owned by the directors of the Company, who hold 468,000 shares.