PENSION PLAN AND EMPLOYEE SERVICE ENTITLEMENTS Continued

PT BANK MANDIRI PERSERO AND SUBSIDIARIES Notes to the Consolidated Financial Statements Continued December 31, 2002 and 2001 Expressed in millions of Rupiah, unless otherwise stated - 112 -

43. OTHER OPERATING INCOME - OTHERS

2002 2001 Accretion in the realizable value of the security and effective reduction of principal related to SUFRN s Notes 16, 30 and 31 281,691 327,313 Administration fee 45,075 44,492 Others 481,477 348,604 808,243 720,409

44. OTHER OPERATING EXPENSES - OTHERS

2002 2001 Insurance premiums on customer guarantees 632,853 515,461 Provision for legal expenses 519,944 8,709 Others 181,366 218,661 1,334,163 742,831

45. NON-OPERATING INCOMEEXPENSES - NET

2002 2001 Reversal of over-provision for merger costs, investments and employee benefits 1,263,605 1,942,404 Gainloss on sale of premises and equipment 929 1,282 Penalties 52,893 97,733 Others - net 25,908 359,035 1,237,549 2,204,988 Reversals of the provision related to merger costs were made in 2002 and 2001 as a result of Bank Mandiri’s periodic evaluation of the estimated remaining costs related to the merger. There is no outstanding provision for merger cost as of December 31, 2002. PT BANK MANDIRI PERSERO AND SUBSIDIARIES Notes to the Consolidated Financial Statements Continued December 31, 2002 and 2001 Expressed in millions of Rupiah, unless otherwise stated - 113 -

46. COMMITMENTS AND CONTINGENCIES

2002 2001 COMMITMENTS Commitment Receivables: Unused fund borrowing facilities - 834 Unrealized spot foreign currencies bought Note 47 456,404 296,971 Commitment receivables arising from usance letters of credit paid at sight “UPAS” transactions - 1,513,162 Others 40,483 46,152 Total Commitment Receivables 496,887 1,857,119 Commitment Payables: Unused loan facilities granted 10,403,180 6,562,550 Outstanding irrevocable letters of credit Note 27.a 6,371,228 5,544,072 Unrealized spot foreign currencies sold Note 47 524,044 608,711 Commitment payable arising from UPAS transactions Note 27.a - 2,723,719 Others 43,119 94,954 Total Commitment Payables 17,341,571 15,534,006 Commitment Payables - Net 16,844,684 13,676,887 CONTINGENCIES Contingent Receivables: Guarantees received from other banks Note 48 1,299,216 1,262,660 Interest receivables on non-performing assets 2,596,205 3,647,261 Others 13,192 153,090 Total Contingent Receivables 3,908,613 5,063,011 Contingent Payables: Guarantees issued in the form of: Bank guarantees issued Notes 27.a and 48 4,886,416 4,596,737 Standby letters of credit Notes 27.a and 48 3,235,189 3,810,309 Others Note 27.a - 187,775 Total Contingent Payables 8,121,605 8,594,821 Contingent Payables - Net 4,212,992 3,531,810 COMMITMENTS AND CONTINGENCIES - NET 21,057,676 17,208,697