Bank Indonesia Regulation Number 1517PBI2013 on Hedging Swap Transactions with Bank Bank Indonesia Regulation Number 1515PBI2013 regarding Minimum Giro Reserve Requirements

Annual Report 2013 PT Bank Mandiri Persero Tbk. Amendments to the laws and regulations during 2013 that had an impact on Bank Mandiri are as listed below:

1. Bank Indonesia Regulation Number 1517PBI2013 on Hedging Swap Transactions with Bank

Indonesia t Regulation amended so that Hedging Swap Hedging Transactions with Bank Indonesia may be conducted based not only on the Underlying Transactions of the Bank, but also the Underlying Transactions of the customers, namely: t Foreign Debt in the form of loan agreements andor bond issues; t Direct Investment; t Forex export earnings; t Investments in construction of public facilities and production; t Investments in securities issued by the Government of Indonesia; t Investments in other economic activities. t Swap Hedging Transactions with Bank Indonesia, amended from at least the equivalent of USD 500,000.00, and not exceeding the value of the Underlying Transaction, to at least USD 10,000,000.00 and not exceeding the value of the Underlying Transaction, based on multiples of USD 1,000,000.00.

2. Bank Indonesia Regulation Number 1515PBI2013 regarding Minimum Giro Reserve Requirements

GWM in Rupiah and Foreign Currency in Commercial Banks a. Stipulates the following Rupiah Minimum Giro Reserve Requirements: t Primary GWM: 8 of DPK Rupiah. t Secondary GWM: 4 of DPK Rupiah. Under the previous PBI regulation, it was 2.5. t LDR GWM with parameters: a Lower limit of LDR Target: 78 b Upper limit of LDR Target: 92. Previous PBI regulation required 100. c Incentive KPMM: 14 d Lower Disincentive Parameter: 0.1 e Upper Disincentive Parameter: 0.2 t GWM in foreign currency: 8 of DPK in foreign currency. b. In relation to the transfer of supervisory powers over the banking sector from Bank Indonesia to the OJK, the quarterly KPMM data should be used, as assessed by the OJK. In case of inconsistency between the results of the KPMM assessment received by Bank Indonesia from the OJK and the results of the KPMM assessment conducted by the Bank, the results of the KPMM assessment conducted by the OJK will prevail. c. Bank Indonesia may exempt: 1 banks conducting a merger or consolidation, with the approval of the OJK, from fulilling the Primary GWM in Rupiah 2 banks whose operations are restricted by the OJK in relation to credit channeling and accepting deposits, at the request of the OJK, from fulilling the LDR GWM d. Means of assessing a bank’s compliance with the regulation: 1 direct audit by Bank Indonesia; 2 joint audit by Bank Indonesia and OJK; or 3 use by Bank Indonesia of data from OJK audit. compliance human capital Annual Report 2013 PT Bank Mandiri Persero Tbk. compliance human capital

3. Bank Indonesia Regulation Number 1512PBI2013 on Minimum Capital Requirements KPMM for