GOODWILL AND OTHER INTANGIBLE ASSETS

PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued DECEMBER 31, 2004 AND 2005, AND FOR YEARS ENDED DECEMBER 31, 2004 AND 2005 Figures in tables are presented in millions of Rupiah, unless otherwise stated - 56

16. ESCROW ACCOUNTS

Escrow accounts consist of the following: 2004 2005 Citibank N.A., Singapore 30,059 126,128 Bank Mandiri 6,222 6,369 36,281 132,497

a. Citibank N.A., Singapore

This escrow account with Citibank N.A., Singapore “Dayamitra Escrow Agent” was established to facilitate the payment of the Companys obligations under the Conditional Sale and Purchase Agreement and Option Agreement entered into with the selling stockholders of Dayamitra Note 5a. In 2004, the Company has repaid the entire obligations under the Conditional Sale and Purchase Agreement, and since then this escrow account is used to facilitate the payment of the Company’s obligations under the Option Agreement with TMC. The escrow account earns interest at LIBOR minus 0.75 per annum, which is computed on a daily basis. The interest income earned is included as part of the escrow funds. The remaining funds available will be transferred to the Company after all of the obligations related to the Dayamitra transaction are satisfied. b. Bank Mandiri The escrow account with Bank Mandiri was established by Dayamitra in relation with the credit facilities from Bank Mandiri Note 24e. PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued DECEMBER 31, 2004 AND 2005, AND FOR YEARS ENDED DECEMBER 31, 2004 AND 2005 Figures in tables are presented in millions of Rupiah, unless otherwise stated - 57

17. TRADE ACCOUNTS PAYABLE

2004 2005 Related parties Payables to other telecommunications carriers 196,127 99,980 Concession fees 254,665 648,950 Purchases of equipment, materials and services 192,302 265,459 Total 643,094 1,014,389 Third parties Purchases of equipment, materials and services 3,366,320 4,011,444 Payables related to revenue-sharing arrangements 220,158 106,195 Payables to other telecommunication providers 24,978 163,646 Total 3,611,456 4,281,285 Total 4,254,550 5,295,674 Trade accounts payable by currency are as follows: 2004 2005 Rupiah 3,613,715 3,112,303 U.S. Dollar 638,861 1,381,473 Euro - 796,343 Japanese Yen 715 5,508 Great British Pound Sterling 1,092 14 Singapore Dollar 147 33 Myanmar KYAT 20 - Total 4,254,550 5,295,674 Refer to Note 45 for details of related party transactions.