SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES continued CURRENT ACCOUNTS WITH BANK INDONESIA

PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS December 31, 2004 and 2003, and April 30, 2003 Expressed in millions of Rupiah, unless otherwise stated 33

5. PLACEMENTS WITH BANK INDONESIA AND OTHER BANKS

a. By Type, Currency and Collectibility: December 31, 2004 Maturity Current Loss Total Rupiah: Bank Indonesia 1 month 5,996,699 - 5,996,699 1 – 3 months - - - 3 months 6 months - - - 6 months 12 months - - - Call Money 1 month 3,092,362 13,671 3,106,033 1 – 3 months - - - 3 months 6 months - - - 6 months 12 months - - - “Fixed-term” Placements 1 month - - - 1 – 3 months - - - 3 months 6 months 359,666 - 359,666 6 months 12 months - - - Time Deposits 1 month 45,100 - 45,100 1 – 3 months 12,500 - 12,500 3 months 6 months 50,000 - 50,000 6 months 12 months - - - Total Rupiah 9,556,327 13,671 9,569,998 Foreign Currency: Bank Indonesia 1 month - - - 1 – 3 months - - - 3 months 6 months - - - 6 months 12 months - - - Call Money 1 month 2,745,106 - 2,745,106 1 – 3 months 46,425 - 46,425 3 months 6 months 46,425 - 46,425 6 months 12 months - - - “Fixed-term” Placements 1 month 557,100 - 557,100 1 – 3 months - - - 3 months 6 months 268,337 - 268,337 6 months 12 months - - - Time Deposits 1 month 1,037,656 - 1,037,656 1 – 3 months 269 - 269 3 months 6 months - - - 6 months 12 months - - - Total Foreign Currency 4,701,318 - 4,701,318 Total 14,257,645 13,671 14,271,316 Less: Allowance for possible losses 77,587 13,671 91,258 14,180,058 - 14,180,058 PT BANK MANDIRI PERSERO TBK. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS December 31, 2004 and 2003, and April 30, 2003 Expressed in millions of Rupiah, unless otherwise stated 34

5. PLACEMENTS WITH BANK INDONESIA AND OTHER BANKS continued

a. By Type, Currency and Collectibility: continued

December 31, 2003 Maturity Current Loss Total Rupiah: Bank Indonesia 1 month 3,499,223 - 3,499,223 1 – 3 months - - - 3 months 6 months - - - 6 months 12 months - - - Call Money 1 month 240,000 - 240,000 1 – 3 months - - - 3 months 6 months - - - 6 months 12 months - - - “Fixed-term” Placements 1 month - - - 1 – 3 months - - - 3 months 6 months - - - 6 months 12 months - - - Time Deposits 1 month 61,700 - 61,700 1 – 3 months 50,000 - 50,000 3 months 6 months - 169 169 6 months 12 months - - - Total Rupiah 3,850,923 169 3,851,092 Foreign Currency: Bank Indonesia 1 month - - - 1 – 3 months - - - 3 months 6 months - - - 6 months 12 months - - - Call Money 1 month 1,942,750 - 1,942,750 1 – 3 months 3,197,288 - 3,197,288 3 months 6 months - - - 6 months 12 months - - - “Fixed-term” Placements 1 month 197,795 - 197,795 1 – 3 months 421,250 - 421,250 3 months 6 months 123,473 - 123,473 6 months 12 months - - - Time Deposits 1 month 472,717 - 472,717 1 – 3 months 245 - 245 3 months 6 months - - - 6 months 12 months - - - Total Foreign Currency 6,355,518 - 6,355,518 Total 10,206,441 169 10,206,610 Less: Allowance for possible losses 64,680 169 64,849 10,141,761 - 10,141,761