GENERAL continued c. Public offering of securities of the Company continued

PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of June 30, 2016 and For the Six Months Period Then Ended unaudited Figures in tables are expressed in billions of rupiah, unless otherwise stated 12

1. GENERAL continued d. Subsidiaries continued

i Direct subsidiaries : continued Percentage of Total assets Nature of business Year of ownership interest before elimination date of incorporation start of Subsidiaryplace of or acquisition by commercial June 30, December 31, June 30, December 31, incorporation the Company operations 2016 2015 2016 2015 PT Napsindo Primatel Telecommunication - 1999; ceased 60 60 5 5 Internasional provides Network operations on “Napsindo” , Access Point NAP, January 13, Jakarta, Indonesia Voice Over Data 2006 VOD and other related services December 29, 1998 ii Indirect subsidiaries: . Percentage of Total assets Nature of business Year of ownership interest before elimination date of incorporation start of Subsidiaryplace of or acquisition by commercial June 30, December 31, June 30, December 31, incorporation the Company operations 2016 2015 2016 2015 PT Sigma Cipta Caraka Information technology 1988 100 100 4,636 3,587 “Sigma” , service - system Tangerang, Indonesia implementation and integration service, outsourcing and software license maintenance May 1,1987 Telekomunikasi Telecommunication 2008 100 100 2,007 1,618 Indonesia December 6, 2007 International Pte. Ltd., Singapore PT Infomedia Nusantara Data and information 1984 100 100 1,873 1,622 “Infomedia” , service - provides Jakarta, Indonesia telecommunication information services and other information services in the form of print and electronic media and call center services September 22,1999 PT Telkom Landmark Service for property 2012 55 55 1,501 1,245 Tower “TLT” , development and Jakarta, Indonesia management February 1, 2012 PT Finnet Indonesia Information technology 2006 60 60 910 513 “Finnet” , services Jakarta, Indonesia October 31, 2005 Telekomunikasi Telecommunication 2012 100 100 791 854 Indonesia September 11, 2012 International “TL” S.A., Timor Leste PT Metra Digital Media Directory information 2013 99.99 99.99 687 618 “MD Media” , services Jakarta, Indonesia January 22, 2013 PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS As of June 30, 2016 and For the Six Months Period Then Ended unaudited Figures in tables are expressed in billions of rupiah, unless otherwise stated 13

1. GENERAL continued d. Subsidiaries continued