Analyst Meeting per 31 Maret 2017

ANALYST MEETING

PT Bank Tabungan Negara (Persero) Tbk.

Business & Financial Performances

as of March 31, 2017

Disclaimer

IMPORTANT: The following forms part of, and should be read in conjunction with, the other material in this presentation

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Macroeconomy

4

Outline

Page

Performance Overview

14

Sharia Business

39

Appendices

42

1Q17 Summary

11

Macroeconomy

•

March inflation was recorded at 1.19% (ytd) or

3.61% (yoy), within the target of 4

±

1%.

•

Despite the FFR hike, Bank Indonesia held BI 7-day

RR Rate at 4.75%.

Macroeconomy:

Stable Macro Outlook

•

2016 GDP growth was 5.02% (yoy),

Indonesia’s

Economy is predicted to remain strong in the

1Q17.

•

The three phases of tax amnesty ended with

Rp114 trn tax revenue from Rp165 trn target.

Low Inflation & Interest Rate

Stronger Economic Growth

Banking System:

Slow Loan Growth

Loan growth began to improve to 8.4%* (yoy)

in Feb 2017. However, loan demand is still

weak

as

corporates

have

continued

to

consolidate.

NPL (gross) increased to 3.1% in Jan 2017 after

showing improvement in Dec 2016 at 2.9%.

•

Slower annual growth of residential property

price were recorded in 4Q2016, decelerated

to 2.38% (yoy) from 2.75% (yoy). Meanwhile

quarterly growth slightly increased to 0.37%

(qtq) from 0.36% (qtq).

Housing Industry:

Small Houses Bolster Property Sales

Residential Property Price Index

Growth of Property Sales (% qtq)

•

As the house price grew slower, residential

property sales growth accelerated to 5.06%

(qtq) in 4Q2016 bolstered by small houses,

in line with a surge of housing loans

extended by the banking industry.

BBTN vs Industry

Loan & Deposit Growth

Total Deposits of BBTN increased by 20.02%

(yoy) in Mar 2017 with Current Accounts marked

the biggest growth. Meanwhile industry recorded

at 8.9%* (yoy) in Feb 2017.

Robust Loan Growth

Strong Deposits Growth

In Mar 2017, BBTN Loan grew by 18.71% (yoy),

far above industry growth at 8.4%* (yoy) in Feb

2017.

Its

acceleration

was

sustained

by

Subsidized Mortgages.

Mortgages & Net Profit

In 1Q17, Net Profit of BBTN grew by 21.03%

(yoy), far above industry growth at 8.31% (yoy)

in Jan 2017.

Solid Mortgages Growth

Strong Profitability

BBTN Mortgages grew 20.61% (yoy) in Mar

2017 while industry recorded at 7.45% (yoy) in

Feb 2017.

1Q17 Summary

Unit IDR Bn Unit IDR Bn Unit IDR Bn Unit IDR Bn Unit IDR Bn

Subsidized Mortgage 504,122 33,573 3,834 104,072 4,180 28,558 992 132,630 5,172 166,203 9,006 Non Subsidized Mortgage 161,878 10,869 3,403 88,186 13,368 6,421 1,666 94,607 15,034 105,476 18,437

TOTAL 666,000 44,442 7,237 192,258 17,548 34,979 2,658 227,237 20,206 271,679 27,443

Loan Type Target (Unit)

Progress as of March 31, 2017 Mortgage

Disbursed 2017

Construction Loans Support in Progress

Total Approved

prior to 2017

Approved

in 2017 Total

1Q17 Key Takeaways

•

Deposits rose by 20.02% (yoy)

•

LCR was sufficient at 158.36%

•

Wholesale funding of Rp4.035 trn from NCD & bilateral loans

Strong

Liquidity

Controlled

Asset

Quality

•

NPL improved to 3.34%, lower than 3.59% in Mar 2016

•

Special-mentioned loan was recorded at 11.68%, improved from 13.83% in Mar 2016

Solid

Profitability

•

Net profit increased by 21.03% (yoy)

•

Net interest income raised by 13.84% (yoy), fee income grew by 36.79% (yoy)

•

Loan growth was 18.71% (yoy), supported by the government program of 1 million houses

•

Subsidized mortgage was the main driver with 29.62% growth

•

Sustaining the leadership of mortgage in Indonesia by 34.21%

Robust

Loan

Growth

Performance Overview

F Y 2012

F Y 2013

F Y 2014

F Y 2015

F Y 2016

1Q 2016

1Q 2017

y.o.y

I

Total As s et 111,749 131,170 144,582 171,808 214,168 178,419 214,312 20.12% Total Loan & F inancing 81,411 100,467 115,916 138,956 164,446 142,944 169,687 18.71% Total Depos its 80,688 96,213 106,479 127,746 160,192 131,165 157,419 20.02% E quity 10,279 11,557 12,253 13,860 19,131 14,394 19,196 33.37% Net P rofit 1,364 1,562 1,146 1,851 2,619 491 594 21.03% E arning per S hare (IDR ) 148 148 108 175 247 46 56 21.03%

CAR (Tier 1) 16.95% 14.91% 14.07% 14.87% 16.54% 14.47% 15.40%

CAR (BI) 17.69% 15.62% 14.64% 16.97% 20.34% 16.50% 18.90%

NP L (Gros s ) 4.09% 4.05% 4.01% 3.42% 2.84% 3.59% 3.34%

NP L (Nett) 3.12% 3.04% 2.76% 2.11% 1.85% 2.34% 2.35%

N I M 5.83% 5.44% 4.47% 4.87% 4.98% 4.59% 4.32%

C I R 49.71% 50.86% 57.21% 50.08% 48.41% 54.46% 56.90%

COVE R AGE R ATIO 29.48% 27.97% 33.77% 43.14% 45.25% 41.32% 38.28%

R OE 18.23% 16.05% 10.95% 16.84% 18.35% 15.89% 14.60%

R OA 1.94% 1.79% 1.14% 1.61% 1.76% 1.56% 1.48%

LDR 100.90% 104.42% 108.86% 108.78% 102.66% 108.98% 107.79%

LCR 165.98% 163.87% 163.50% 158.36%

Financial Highlight

Balance Sheet

(IDR Billion)

FY 2012

FY 2013

FY 2014

FY 2015

FY 2016

1Q 2016

1Q 2017

y.o.y

Total Assets 111,749 131,170 144,582 171,808 214,168 178,419 214,312 20.12% Total Earning Assets 101,538 118,305 132,192 157,049 195,780 165,078 194,949 18.10% - Term Deposit with BI 10,867 4,834 1,496 7,529 17,581 5,657 4,028 -28.81% - Loans and Financing 81,411 100,467 115,916 138,956 164,446 142,944 169,687 18.71% - Securities 8,491 12,595 13,684 10,001 12,785 15,888 19,418 22.22% - Other Earning Assets 769 408 1,095 562 968 589 1,817 208.47% Provision on Earning Asset (997) (1,148) (1,581) (2,064) (2,132) (2,136) (2,182) 2.19% Others 11,208 14,013 13,972 16,823 20,520 15,477 21,545 39.21%

- -

-Deposits 80,688 96,213 106,479 127,746 160,192 131,165 157,419 20.02% Securities Issued 7,137 8,837 7,939 10,937 12,935 10,936 12,936 18.29% Deposits from Other Banks 741 285 1,770 3,255 5,459 4,660 6,190 32.83% Repurchase Agreements 2,335 2,653 3,818 2,135 1,385 2,155 1,402 -34.97% Borrowings 6,734 7,070 6,996 7,725 7,999 8,707 9,298 6.79% Others 3,834 4,556 5,329 6,151 7,068 6,403 7,871 22.93% Equity 10,279 11,557 12,253 13,860 19,131 14,394 19,196 33.37%

Asset Composition

Total Assets

(IDR Trillion)

Assets Composition

Earning Asset Composition

Total Earning Asset

(IDR Trillion)

Earning Asset Composition

Loans Composition: Focused on Housing Loans

Gross Loan

(IDR Trillion)

Housing and Non-Housing Loans

(%)

IDR Bn Shares IDR Bn Shares IDR Bn Shares IDR Bn Shares IDR Bn Shares IDR Bn Shares IDR Bn Shares

Housing Loans 70,223 86.26% 87,005 86.60% 102,614 88.52% 124,927 89.90% 147,948 89.97% 129,058 90.29% 153,316 90.35% 18.80%

Subsidized Mortgages 25,562 31.40% 28,429 28.30% 34,347 29.63% 43,527 31.32% 56,835 34.56% 45,924 32.13% 59,529 35.08% 29.62% Non-Subsidized Mortgages 29,129 35.78% 39,548 39.36% 45,601 39.34% 53,567 38.55% 60,469 36.77% 54,996 38.47% 62,189 36.65% 13.08% Other Housing Loans 6,070 7.46% 7,198 7.16% 8,179 7.06% 8,934 6.43% 8,723 5.30% 8,771 6.14% 8,660 5.10% -1.26% Construction Loan 9,462 11.62% 11,829 11.77% 14,486 12.50% 18,900 13.60% 21,921 13.33% 19,367 13.55% 22,938 13.52% 18.44%

Non-Housing Loans 11,187 13.74% 13,463 13.40% 13,302 11.48% 14,029 10.10% 16,498 10.03% 13,885 9.71% 16,371 9.65% 17.90%

Consumer Loan 1,923 2.36% 2,597 2.59% 2,916 2.52% 3,839 2.76% 4,738 2.88% 3,776 2.64% 4,182 2.46% 10.75% Commercial Loan 9,264 11.38% 10,865 10.81% 10,386 8.96% 10,190 7.33% 11,761 7.15% 10,109 7.07% 12,189 7.18% 20.57%

Total Loans 81,411 100.00% 100,467 100.00% 115,916 100.00% 138,956 100.00% 164,446 100.00% 142,944 100.00% 169,687 100.00% 18.71%

31-Dec-12 31-Dec-13 31-Dec-14 31-Dec-16

Loans Type y.o.y

Mortgages: Growth Remained Strong

Subsidized Mortgages

(IDR Billion)

Non Subsidized Mortgages

(IDR Billion)

Mortgage Composition

(%)

Total Mortgages

Loan Disbursement: Mortgages & Construction Loans were the Drivers

IDR Trillion

IDR Billion

2016 2017

IDR Bio

Housing Loans 28,041 33,955 34,029 41,812 47,216 9,357 11,294 20.71%

Subsidized Mortgages 4,213 6,506 7,960 12,771 17,527 3,351 3,834 14.42% Non-Subsidized Mortgages 12,479 14,286 12,629 13,404 14,315 2,894 3,403 17.56% Other Housing 2,659 2,500 2,416 2,418 1,823 391 421 7.85% Construction Loan 8,690 10,663 11,023 13,219 13,551 2,720 3,636 33.64%

Non-Housing Loans 9,679 10,338 7,569 9,434 12,043 2,791 3,038 8.85%

Consumer Loan 1,809 2,389 2,564 4,268 4,779 1,697 1,160 -31.62% Commercial Loan 7,870 7,949 5,005 5,166 7,264 1,094 1,878 71.62%

Total Loans 37,720 44,293 41,598 51,246 59,259 12,147 14,332 17.98%

FY 2015 FY 2016

Loan Quality: Manageable NPL

Gross NPL

(%)

Net NPL

31-Dec 31-Dec 31-Dec 31-Dec 31-Dec

(Gross) 2012 2013 2014 2015 2016 2016 2017

3.93% 3.80% 3.43% 2.79% 2.36% 2.96% 2.83%

5.00% 5.24% 3.96% 2.48% 1.52% 2.43% 1.67% 2.90% 2.61% 2.51% 2.57% 2.65% 2.85% 3.09% Other Housing Loans 3.08% 3.17% 3.47% 3.44% 3.59% 3.77% 4.25% 4.74% 4.75% 5.13% 3.81% 3.21% 4.18% 4.56%

5.08% 5.60% 8.51% 9.02% 7.14% 9.39% 8.09%

Consumer Loan 2.00% 2.03% 2.55% 2.17% 1.35% 2.39% 1.71%

Commercial Loan 5.72% 6.63% 10.16% 11.57% 9.44% 11.97% 10.25%

4.09% 4.05% 4.01% 3.42% 2.84% 3.59% 3.34%

Total Loans Housing Loans Subsidized Mortgage Non-Subsidized Mortgage Construction Loan Non-Housing Loans 31-Mar Loan Type

IDR Bn Share IDR Bn Share IDR Bn Share IDR Bn Share IDR Bn Share IDR Bn Share IDR Bn Share

Current 68,420 84.04% 84,301 83.91% 95,262 82.18% 116,887 84.12% 142,963 86.94% 118,043 82.58% 144,207 84.98%

Special Mentioned 9,665 11.87% 12,101 12.04% 16,004 13.81% 17,316 12.46% 16,807 10.22% 19,768 13.83% 19,811 11.68%

PL 78,085 95.91% 96,402 95.95% 111,266 95.99% 134,203 96.58% 159,770 97.16% 137,811 96.41% 164,018 96.66%

Substandard 686 0.84% 458 0.46% 338 0.29% 250 0.18% 260 0.16% 443 0.31% 741 0.44%

Doubtful 542 0.67% 457 0.45% 454 0.39% 359 0.26% 333 0.20% 531 0.37% 818 0.48%

Loss 2,098 2.58% 3,151 3.14% 3,859 3.33% 4,144 2.98% 4,083 2.48% 4,158 2.91% 4,110 2.42%

NPL 3,326 4.09% 4,066 4.05% 4,650 4.01% 4,753 3.42% 4,676 2.84% 5,132 3.59% 5,669 3.34%

PL + NPL 81,411 100.00% 100,467 100.00% 115,916 100.00% 138,956 100.00% 164,446 100.00% 142,944 100.00% 169,687 100.00%

NPL Gross 4.09% 4.05% 4.01% 3.42% 2.84% 3.59% 3.34%

NPL Netto 3.12% 3.04% 2.76% 2.11% 1.85% 2.34% 2.35%

31-Dec-13 31-Dec-15 31-Dec-16 31-Mar-16 31-Mar-17

Collectibility

31-Dec-12 31-Dec-14

Note : Figures Include Sharia financing

Special-Mentioned Loan:

Getting Lower Due to Better Loan Underwriting & Monitoring

Special-Mentioned by Loan Type

(%)

Special-Mentioned Loan

Restructured Loan

Restructured Loan by Quality in 1Q17

(%)

Restructured Loan in 1Q17

(IDR Billion)

Restructured Loan Outstanding

Liabilities: Sufficient to Support Loan Growth

Total Liabilities

(IDR Trillion)

Funding Composition

(IDR Trillion)

Funding Composition

Deposits FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 1Q2016 1Q2017 y.o.y

Current Account 13.27 19.12 23.23 31.37 45.85 32.26 41.73 29.36%

Savings Account 21.54 24.24 25.55 30.76 34.83 29.04 30.74 5.85%

Time Deposits 45.88 52.86 57.70 65.62 79.52 69.87 84.95 21.59% Total 80.69 96.21 106.48 127.75 160.19 131.16 157.42 20.02%

Deposits: Solid Growth & Liquidity

Total Deposits Mix

(IDR Trillion)

CASA Composition

Total Equity

(IDR Trillion)

CAR - BI

(%)

Equity (2/2)

2012 2013 2014 2015 2016 Mar-16 Mar-17

Tier - 1 Capital 9,038 9,879 10,736 12,172 16,444 12,465 16,111 Tier - 2 Capital 582 722 797 1,721 3,776 1,751 3,660

Capital on B/S 10,279 11,557 12,253 13,860 19,131 14,394 19,196

RWA - Credit Ris k 46,582 57,749 66,251 70,474 86,189 72,840 88,898 RWA - Market Ris k 182 284 226 223 344 409 792 RWA - Operational Ris k 6,557 8,229 9,856 11,185 12,899 12,899 14,934

RWA - Total 53,321 66,262 76,333 81,882 99,432 86,148 104,624

CAR Tier – 1/(R WA Credit + Market + Ops

R is k) 16.95% 14.91% 14.07% 14.87% 16.54% 14.47% 15.40%

CAR B/S /(RWA Credit + Market Ris k) 21.98% 19.91% 18.43% 19.60% 22.11% 19.65% 21.40%

CAR B/S /(RWA Credit + Market + Ops Ris k) 19.28% 17.44% 16.05% 16.93% 19.24% 16.71% 18.35%

CAR BI ((Tier 1+2)/(RWA Credit + Market Ris k)) 20.17% 17.84% 16.81% 19.65% 23.37% 19.41% 22.04%

CAR BI ((Tier 1+2)/(RWA Credit + Ops Ris k)) 17.75% 15.69% 14.68% 17.01% 20.41% 16.58% 19.04%

CAR B I ((Tier 1+2)/(R WA Credit + Market +

Ops R is k)) 17.69% 15.62% 14.64% 16.97% 20.34% 16.50% 18.90%

CAR Tier – 2 2.10% 3.80% 2.03% 3.50%

Capital Cons ervation Buffer 0.63% 0.63% 1.25%

FY 2012

FY 2013

FY 2014

FY 2015

FY 2016

1Q 2016

1Q 2017

y.o.y

Interest Income 9,106 11,197 13,374 15,567 17,852 4,193 4,559 8.74% Interest Expense (4,379) (5,558) (7,893) (8,700) (9,600) (2,404) (2,523) 4.94% Net Interest Income 4,726 5,639 5,482 6,867 8,252 1,789 2,037 13.84% Other Operating Income 577 798 923 1,132 1,285 281 384 36.79% Other Operating Expense (3,438) (4,301) (4,828) (5,465) (6,184) (1,380) (1,636) 18.54% Profit From Operating 1,865 2,136 1,577 2,534 3,352 689 784 13.77% Non Operating Income (Expense) (8) 5 2 8 (22) (3) 0.12 -104.83% Profit Before Tax 1,857 2,141 1,579 2,542 3,330 687 784 14.20% Net Profit 1,364 1,562 1,146 1,851 2,619 491 594 21.03%

Income Statement

FY2012 FY2013 FY2014 FY2015 FY2016

1Q2016 1Q2017

Y.o.Y

Placement with Bank Indonesia

46

74

81

107

111

35

24

-30.71%

Placement with other bank

52

63

40

37

56

14

6

-60.84%

Securities

534

726

982

858

971

239

248

3.86%

Loan

7,901

9,605

11,353

13,523

15,458

3,618

3,952

9.23%

Income from Syariah

573

729

919

1,042

1,256

287

330

14.87%

Total

9,106

11,197

13,374

15,567

17,852

4,193

4,559

8.74%

Interest Income Composition

FY2012 FY2013 FY2014 FY2015 FY2016

1Q2016 1Q2017

Y.o.Y

Bank Indonesia

8

5

2

1.06

-

-

-

-Deposits from other Banks

20

39

84

328

285

91

86

-6.48%

Deposits from Non Banks

3,118

4,082

6,290

6,750

7,363

1,837

1,942

5.69%

Securities Issued

674

826

787

883

1,088

259

292

12.79%

Fund Borrowings

400

450

529

516

718

175

181

3.27%

Others

159

157

201

222

147

41

23

-45.04%

Total

4,379

5,558

7,893

8,700

9,600

2,404

2,523

4.94%

Interest Expense Composition

FY2012 FY2013 FY2014 FY2015 FY2016

1Q2016 1Q2017

Y.o.Y

Marked to market

9

17

7

-

10

20

59

192.24%

Gain

17

32

112

170

273

48

70

47.20%

Reversal on Provisions

-

8

5

7.51

0.10

-

3.71

-Commissions, Services & Admin Fee *)

11

31

496

596

656

139

177

27.38%

Others *)

541

709

303

358

347

73

74

0.17%

Total

577

798

923

1,132

1,285

281

384

36.79%

Other Operating Income Composition

(IDR Billion)

FY2012 FY2013 FY2014 FY2015 FY2016 1Q2016 1Q2017 Y.o.Y

Provisions 214 441 777 901 708 137 138 0.99% Salaries & Employee Benefit 978 1,161 1,260 1,459 1,619 445 541 21.61% Electricity, Telp, Office Supp. 384 365 494 591 660 143 168 17.44% Others 355 337 227 422 452 111 152 36.91% Rent, Service & Maintenance 376 482 542 563 703 151 164 8.06% Depreciation 267 279 226 196 219 45.5 46.1 1.35% Promotion 275 411 509 417 402 89 103 15.74% Collector Fees & Consultant 313 386 451 544 684 154 199 28.99% Insurance Premium 145 175 217 245 303 80 95 18.81% Training 117 110 107 106 136 20 23 14.28% Research & Development 4 4 6 7 14 2.7 2.6 -0.57% Other Taxes 11 6 8 8 9 1 4 223.10% Gain 0 1 3 4 2 - - -Marked to Market - 144 0.00 0.19 0.00 - 0.03 -Allowance related to Operational Risk - - - - 273.50 - -

-Total 3,438 4,301 4,828 5,465 6,184 1,380 1,636 18.54%

Other Operating Expense Composition

Key Financial Ratios (1/4)

Net Income

(IDR Billion)

Key Financial Ratios (2/4)

ROA

1

–

_{before tax}

Key Financial Ratios (3/4)

ROE

3

–

_{tier 1 capital}

ROE

4

–

_{balance sheet}

15.28%

Key Financial Ratios (4/4)

Loan-to-Deposit Ratio

Sharia Business

Sharia Business

Sharia Assets

(IDR Billion)

Sharia Net Profit

(IDR Billion)

Sharia Deposits

Sharia Financings & NPF

Sharia Disbursement

(IDR Billion)

Sharia NPF (Gross)

(%)

Sharia NPF (Net)

(%)

Sharia Financings

Appendices

Share Ownerships Composition as of Mar 31, 2017

•

IPO by listed on IDX on 17 December 2009 at IDR800 per

share

•

Rights issue successfully done in November 2012 by issuing

additional 1.512.857.500 new shares

•

Market cap as of Mar 31, 2017 was IDR 24.04 Trillion

Shares Information

Ownership # of Shares %

G O I 6,354,000,000 60.00% Public 4,236,000,000 40.00%

- Domestic

1,316,917,536

12.44% - Foreign

2,919,082,464

27.56%

Total 10,590,000,000 100.00%

Period Opening Lowest Highest Closing Average Volume (Lots)

PBV

(x) BVPS

Market Cap (IDR Million)

1Q 2017 1,745 1,695 2,360 2,270 211,178 1.25 1,813 24,039,300

1Q 2016 1,300 1,280 1,865 1,745 276,471 1.28 1,359 18,479,550

Outlets

I N D O N E S I A

Regional Offices 2 Branch Offices 43 Sub Branch Offices 166 Cash Outlets 371 Sharia Outlets 49 Priority Outlet 25 Post Offices 1,624

Jawa Regional Offices 1

Branch Offices 11 Sub Branch Offices 38 Cash Outlets 58 Sharia Outlets 10 Priority Outlet 6 Post Offices 700 ATMs 255

Sumatera

Regional Offices -Branch Offices 3 Sub Branch Offices 6 Cash Outlets 10 Sharia Outlets -Priority Outlet 2

Bali & Nusa Tenggara Regional Offices

-Branch Offices 5 Sub Branch Offices 15 Cash Outlets 17 Sharia Outlets 3 Priority Outlet 4 Post Offices 299 ATMs 94

Kalimantan

Regional Offices 1 Branch Offices 6 Sub Branch Offices 13 Cash Outlets 19 Sharia Outlets 3 Priority Outlet 2 Post Offices 126 ATMs 103

Sulawesi

Regional Offices -Branch Offices 3 Sub Branch Offices 3 Cash Outlets 2 Sharia Outlets -Priority Outlet -Post Offices 61 ATMs 24

Papua & Maluku

2012 2013 2014 2015 2016 1Q2016 1Q2017

Regional Offices 3 3 3 4 4 4 4 Branch Offices 65 65 65 65 65 65 71 Sub Branch Offices 223 223 223 223 243 223 241 Cash Outlets 415 479 479 479 477 479 477 Sharia Outlets 50 50 50 50 65 50 65 Priority Outlet 13 23 34 39 40 39 39

THANK YOU

________________

Investor Relations

PT Bank Tabungan Negara (Persero) Tbk Menara BTN Lt. 20 - Jl Gajah Mada No. 1 Jakarta Pusat 10130

Telp : +62 21 63870142 / +62 21 63870107 Facs: +62 21 63870104

Email : investor_ relations@btn.co.id Website : www.btn.co.id

Sharia Business

Sharia Assets

(IDR Billion)

Sharia Net Profit

(IDR Billion)

Sharia Deposits

Sharia Financings & NPF

Sharia Disbursement

(IDR Billion)

Sharia NPF (Gross)

(%)

Sharia NPF (Net)

(%)

Sharia Financings

Appendices

6.

Share Ownerships Composition as of Mar 31, 2017

•

IPO by listed on IDX on 17 December 2009 at IDR800 per

share

•

Rights issue successfully done in November 2012 by issuing

additional 1.512.857.500 new shares

•

Market cap as of Mar 31, 2017 was IDR 24.04 Trillion

Shares Information

Ownership # of Shares %

G O I 6,354,000,000 60.00% Public 4,236,000,000 40.00% - Domestic

1,316,917,536

12.44% - Foreign

2,919,082,464

27.56% Total 10,590,000,000 100.00%

Period Opening Lowest Highest Closing Average Volume (Lots)

PBV

(x) BVPS

Market Cap (IDR Million) 1Q 2017 1,745 1,695 2,360 2,270 211,178 1.25 1,813 24,039,300

1Q 2016 1,300 1,280 1,865 1,745 276,471 1.28 1,359 18,479,550

Outlets

I N D O N E S I A

Regional Offices 2 Branch Offices 43 Sub Branch Offices 166 Cash Outlets 371 Sharia Outlets 49 Priority Outlet 25 Post Offices 1,624 ATMs 1,425

Jawa

Regional Offices 1 Branch Offices 11 Sub Branch Offices 38 Cash Outlets 58 Sharia Outlets 10 Priority Outlet 6 Post Offices 700 ATMs 255

Sumatera

Regional Offices -Branch Offices 3 Sub Branch Offices 6 Cash Outlets 10 Sharia Outlets -Priority Outlet 2 Post Offices 141 ATMs 50

Bali & Nusa Tenggara

Regional Offices -Branch Offices 5 Sub Branch Offices 15 Cash Outlets 17 Sharia Outlets 3 Priority Outlet 4 Post Offices 299 ATMs 94

Kalimantan

Regional Offices 1 Branch Offices 6 Sub Branch Offices 13 Cash Outlets 19 Sharia Outlets 3 Priority Outlet 2 Post Offices 126 ATMs 103

Sulawesi

Regional Offices -Branch Offices 3 Sub Branch Offices 3 Cash Outlets 2 Sharia Outlets -Priority Outlet -Post Offices 61 ATMs 24

Papua & Maluku

2012 2013 2014 2015 2016 1Q2016 1Q2017

Regional Offices 3 3 3 4 4 4 4 Branch Offices 65 65 65 65 65 65 71 Sub Branch Offices 223 223 223 223 243 223 241 Cash Outlets 415 479 479 479 477 479 477 Sharia Outlets 50 50 50 50 65 50 65 Priority Outlet 13 23 34 39 40 39 39

Total Outlets 769 843 854 860 894 860 897

Post Offices 2,922 2,922 2,951 2,951 2,951 2,951 2,951 ATMs 1,404 1,504 1,830 1,830 1,900 1,830 1,951

THANK YOU

________________

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