<SEC-DOCUMENT>0001001807-11-000039.txt : 20111028
<SEC-HEADER>0001001807-11-000039.hdr.sgml : 20111028
<ACCEPTANCE-DATETIME>20111028121436
ACCESSION NUMBER:		0001001807-11-000039
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20110930
FILED AS OF DATE:		20111028
DATE AS OF CHANGE:		20111028

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA TBK
		CENTRAL INDEX KEY:			0001001807
		STANDARD INDUSTRIAL CLASSIFICATION:	TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813]
		IRS NUMBER:				999999999
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14406
		FILM NUMBER:		111164150
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>pttelkom_fsq32011.htm
<DESCRIPTION>FS 9M 2011
<TEXT>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 12pt" lang=EN-US color=windowtext face="Times New Roman">UNITED STATES</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 12pt" lang=EN-US color=windowtext face="Times New Roman">SECURITIES AND EXCHANGE COMMISSION</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 12pt" lang=EN-US color=windowtext face="Times New Roman">Washington, D.C. 20549</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 18pt" lang=EN-US color=windowtext face="Times New Roman">Form 6-K</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 12pt" lang=EN-US color=windowtext face="Times New Roman">REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13 a-16 OR 15d-16</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 12pt" lang=EN-US color=windowtext face="Times New Roman">UNDER THE SECURITIES EXCHANGE ACT OF 1934</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 12pt" lang=EN-US color=windowtext face="Times New Roman">For the month of </FONT></B><B><U><FONT style="FONT-SIZE: 12pt" lang=EN-US color=windowtext face="Times New Roman">October</FONT></U></B><B><FONT style="FONT-SIZE: 12pt" lang=EN-US color=windowtext face="Times New Roman">, 2011</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 14pt" lang=IT color=windowtext face="Times New Roman">Perusahaan Perseroan (Persero)</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 18pt" lang=IT color=windowtext face="Times New Roman">PT Telekomunikasi Indonesia Tbk.</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Exact name of Registrant as specified in its charter)</FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 14pt" lang=EN-US color=windowtext face="Times New Roman">Telecommunications Indonesia</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(a state-owned public limited liability company)</FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Translation of Registrant&#8217;s name into English)</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=FI color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">Jalan Japati No. 1 Bandung-40133 INDONESIA</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">(Address of principal executive office)</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">[Indicate by check mark whether the registrant files or will file annual</FONT></B><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman"> </FONT><B><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">reports under cover of Form 20-F or Form 40-F.]</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">Form 20-F </FONT></B><B><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face=Wingdings>&#254;&nbsp;</FONT></B><B><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman"> &nbsp;</FONT></B><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><B><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">Form 40-F&nbsp; </FONT></B><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face=Wingdings>&#168;&nbsp;</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">[Indicate by check mark whether the registrant by furnishing the information</FONT></B><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman"> </FONT><B><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">contained in this Form is also thereby furnishing the information to the</FONT></B><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman"> </FONT><B><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of</FONT></B><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman"> </FONT><B><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">1934]&nbsp;</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">Yes </FONT></B><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face=Wingdings>&#168;&nbsp;</FONT><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">No </FONT></B><B><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face=Wingdings>&#254;&nbsp;</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">[If &#8220;yes&#8221; is marked, indicate below the file number assigned to the registrant</FONT></B><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman"> </FONT><B><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">in connection with</FONT></B><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman"> &nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">Rule 12g3-2(b): 82-</FONT></B><U><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></U><B><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">]&nbsp;</FONT></B><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman"> &nbsp;</FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">SIGNATURES</FONT></B></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Pursuant to the requirements of the Securities Exchange Act of 1934, the</FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"> </FONT><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">registrant has duly caused this report to be</FONT></B></P>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">signed on behalf by the</FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"> </FONT><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">undersigned, thereunto duly authorized.</FONT></B></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=FI color=windowtext face="Times New Roman">Perusahaan Perseroan (Persero)</FONT></B></P>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=FI color=windowtext face="Times New Roman">PT TELEKOMUNIKASI INDONESIA,TBK</FONT></B></P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Registrant)</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><U><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">October 28, 2011</FONT></U></B></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">By /s/ Prakoso Imam Santoso</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Signature)</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="37%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Prakoso Imam Santoso</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 22pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 94pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">ActingVice President Investor Relation</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 94pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;</FONT></P></DIV>

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<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 60pt" lang=FI color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=FI color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=FI color=windowtext face="Times New Roman">P.T. TELEKOMUNIKASI INDONESIA Tbk </FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">JANUARY 1, 2010 (AUDITED), DECEMBER 31, 2010 (AUDITED) </FONT></B></P>

<P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">AND SEPTEMBER 30, 2011 (UNAUDITED)</FONT></B></P>

<P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">AND NINE MONTHS PERIOD ENDED </FONT></B></P>

<P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="TEXT-TRANSFORM: uppercase; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></DIV>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011 (UNAUDITED) AND</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><A name="TABLEOFCONTENTS"></A><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">TABLE OF CONTENTS</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<DIV align=left>

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<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="96%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="4%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Page</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="96%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="4%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></SUP>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="96%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Consolidated Financial Statements</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="4%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="96%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left>
   <A href="#CONSOLIDATEDSTATEMENTOFFINANCIALPOSI"><U><FONT style="FONT-SIZE: 10pt" color=blue face="Times New Roman">Consolidated Statements of Financial Position (Balance Sheets)</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="4%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1-3</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="96%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left>
   <A href="#CONSOLIDATEDSTATEMENTSOFCOMPREHENSIVE"><U><FONT style="FONT-SIZE: 10pt" color=blue face="Times New Roman">Consolidated Statements of Comprehensive Income</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="4%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4-5</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="96%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left>
   <A href="#CONSOLIDATEDSTATEMENTSOFCHANGEINST"><U><FONT style="FONT-SIZE: 10pt" color=blue face="Times New Roman">Consolidated Statements of Changes in Stockholders&#8217; Equity</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="4%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6-7</FONT></P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="96%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left>
   <A href="#CONSOLIDATEDSTATEMENTSOFCASHFLOWS"><U><FONT style="FONT-SIZE: 10pt" color=blue face="Times New Roman">Consolidated Statements of Cash Flows</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="4%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8-9</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="96%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left>
   <A href="#NOTESTOCONSOLIDATEDFINANCIALSTATEMEN"><U><FONT style="FONT-SIZE: 10pt" color=blue face="Times New Roman">Notes to Consolidated Financial Statements</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="4%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10-138</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman"><BR></FONT></B>&nbsp;</P></DIV>

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<A name="page_5"></A>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt">
<A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><A name="CONSOLIDATEDSTATEMENTOFFINANCIALPOSI"></A><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">CONSOLIDATED STATEMENT OF FINANCIAL POSITION (BALANCE SHEETS)</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">JANUARY 1, 2010, DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011 (UNAUDITED)</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah and thousands of United States Dollars)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 9pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<DIV align=left>

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<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">January 1, 2010</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December 31,2010</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="32%" colSpan=3>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September 30,2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 13pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Notes</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">US$ (Note 3)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">ASSETS</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">CURRENT ASSETS</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Cash and cash equivalents</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2c,2e,5,44</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">7,805,460</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9,119,849</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9,364,921</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,065,406</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Temporary investments</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2c,2f,2s,44</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">359,507</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">370,433</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">360,790</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">41,046</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Trade receivables Related parties - net of allowance for doubtful accounts of Rp.93,483 million on 1/1/ 2010; Rp.151,266 million on 31/12/2010 and Rp.98,329 million on 30/9/2011</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2c,2g,2s,6,</FONT></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">36,44</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">604,768</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">780,043</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,240,220</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">141,095</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Third parties - net of allowance for doubtful accounts of Rp.1,180,067 million on 1/1/ 2010; Rp.1,294,078 million on 31/12/2010and Rp.1,367,479 million on 30/9/2011</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,093,679</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,563,666</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,319,195</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">491,376</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Other receivables - net of allowance for doubtful accounts of Rp.9,517 million on 1/1/ 2010; Rp.6,304 million on 31/12/2010 and Rp.5,044 million on 30/9/2011</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2c,2g,44</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">128,025</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">90,140</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">188,610</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">21,457</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Inventories - net of allowance for Obsolescence Rp.72,174 million on 1/1/ 2010; Rp.83,286 million on 31/12/2010 and Rp.93,217 million on 30/9/2011</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2h,7,36</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">435,244</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">515,536</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">538,626</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">61,277</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Advances and prepaid expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2c,2i,8,44</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,496,539</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,441,031</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,497,882</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">284,173</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Claims for tax refund</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2r,38</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">666,351</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">133,056</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">364,910</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">41,514</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Prepaid taxes</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2r,38</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">379,732</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">715,698</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">737,389</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">83,890</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Other current assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2c,9,44</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">125,482</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,175</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,014,280</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">115,390</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total Current Assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">16,094,787</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">18,730,627</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">20,626,823</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,346,624</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">NON-CURRENT ASSETS</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Long-term investments - net</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2f,10</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">151,553</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">253,850</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">252,005</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">28,670</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Property, plant and equipment - net of accumulated depreciation of Rp.72,716,079 million on 1/1/ 2010; Rp.83,712,378 million on 31/12/2010 and Rp.85,893,765 million on 30/9/2011</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2k,2l,2p,4,</FONT></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">11,18,19,</FONT></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">22,46</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">76,419,897</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">75,832,408</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">73,160,948</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,323,202</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Prepaid pension benefit cost</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2c,2q,41,44</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">497</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">988</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">821</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">93</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Advances and other non-current assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2c,2k,2n,12,44,47,48</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,488,842</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,052,695</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,604,373</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">410,054</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Goodwill and other intangible assets -net of accumulated amortization of Rp.7,570,659 million on 1/1/ 2010; Rp.9,094,032 million on 31/12/2010 and Rp.9,497,380 million on 30/9/2011</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2d,2j,4,13</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,428,280</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,784,525</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,739,395</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">197,883</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Escrow accounts</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2c,14,44</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">44,114</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">41,662</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">40,714</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,632</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Deferred tax assets - net</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2r,38</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">94,953</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">61,692</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">48,155</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,478</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total Non-current Assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">81,628,136</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">81,027,820</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">78,846,411</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,970,012</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">TOTAL ASSETS</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">97,722,923</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">99,758,447</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">99,473,234</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">11,316,636</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: center">See accompanying notes to consolidated financial statements, which form an integral part of the consolidated financial statements</P>

<P style="TEXT-ALIGN: center">1</P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<A name="page_4"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left>
<A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face=Arial,sans-serif>Table of Content</FONT></U></B></A></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">CONSOLIDATED STATEMENT OF FINANCIAL POSITION</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> </FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(BALANCE SHEETS)</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> (continued)</FONT></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">JANUARY 1, 2010, DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011 (UNAUDITED)</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah and thousands of United States Dollars)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 9pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">January 1, 2010</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December 31, 2010</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="32%" colSpan=3>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September 30, 2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Notes</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">US$ (Note 3)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">LIABILITIES AND STOCKHOLDERS'EQUITY</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">CURRENT LIABILITIES</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Trade payables</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2c,15,44</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Related parties</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,759,468</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,153,874</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">674,346</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">76,717</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Third parties</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,038,586</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6,356,921</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">7,017,168</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">798,313</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Other payables</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,162</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">20,953</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">58,850</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6,694</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Taxes payables</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2r,38</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,749,789</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">735,690</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,241,626</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">141,254</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Dividend payables</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2u,40</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">405,175</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">255,545</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">522,236</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">59,413</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Accrued expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2c,16,44</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,118,994</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,409,260</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,737,615</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">538,978</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Unearned income</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2p,17</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,946,532</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,681,483</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,670,600</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">303,823</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Advances from customers and suppliers</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">111,356</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">499,705</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">307,194</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">34,948</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Short-term bank loans</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2c,18,44</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">43,850</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">55,831</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">127,143</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">14,464</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Current maturities of long-term liabilities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2c,2l,2p,19,44</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">7,716,213</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,303,636</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,271,788</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">485,983</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total Current Liabilities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">26,893,125</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">20,472,898</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">21,628,566</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,460,587</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">NON-CURRENT LIABILITIES</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Deferred tax liabilities &#8211; net</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2r,38</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,220,510</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,073,814</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,804,569</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">432,829</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Unearned income</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2p</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">393,078</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">312,029</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">261,372</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">29,735</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Accrued long service awards</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2c,2q,42,44</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">212,518</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">242,149</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">238,574</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">27,142</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Accrued post-retirement health care benefits</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2c,2q,43,44</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,801,776</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,050,030</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">947,026</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">107,739</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Accrued pension and other post- retirement benefits costs</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2c,2q,41,44</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">808,317</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">536,990</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">692,671</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">78,802</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Long-term liabilities - net of current maturities Obligations under finance leases</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2l,2p,11,19</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">541,575</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">408,867</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">330,799</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">37,634</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Two-step loans - related party</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2c,19,20,44</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,094,110</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,741,303</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,435,075</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">277,028</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Bonds and notes</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2c,19,21,44</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">68,777</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,249,379</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,373,969</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">383,842</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Bank loans</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2c,19,22,44</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">11,086,688</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10,256,205</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">7,521,675</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">855,708</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Deferred consideration for business combinations</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">23</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">108,079</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total Non-current Liabilit</FONT><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">ies&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">21,335,428</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">22,870,766</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">19,605,730</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,230,459</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">TOTAL LIABILITIES</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">48,228,553</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">43,343,664</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">41,234,296</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,691,046</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 9pt" lang=FR color=windowtext face="Times New Roman"></FONT></SUP>&nbsp;</P>

<P style="TEXT-ALIGN: center">See accompanying notes to consolidated financial statements, which form an integral part of the consolidated financial statements</P>

<P style="TEXT-ALIGN: center">2</P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<A name="page_5"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left>
<A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face=Arial,sans-serif>Table of Content</FONT></U></B></A></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 6pt" lang=FR color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">CONSOLIDATED STATEMENT OF FINANCIAL POSITION</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> </FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(BALANCE SHEETS)</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> (continued)</FONT></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">JANUARY 1, 2010, DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011 (UNAUDITED)</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;(Figures in tables are presented in millions of Rupiah and thousands of United States Dollars)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></SUP>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">January 1, 2010</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December 31, 2010</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="32%" colSpan=3>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September 30, 2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Notes</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">US$ (Note 3)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">STOCKHOLDERS' EQUITY</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">STOCKHOLDERS' EQUITY ATTRIBUTABLE TO EQUITY HOLDERS OF THE PARENT</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Capital stock - Rp.250 par value per Series A Dwiwarna share and Series B share Authorized - 1 Series A Dwiwarna share and 79,999,999,999 Series B shares Issued and fully paid - 1 Series A Dwiwarna share and 20,159,999,279 Series B shares</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1c,25</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,040,000</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,040,000</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,040,000</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">573,379</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Additional paid-in capital</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2t,26</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,073,333</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,073,333</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,073,333</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">122,108</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Treasury stock - 490,574,500 shares on 1/1/2010; 490,574,500 shares on 31/12/2010 and 631,883,000 shares on 30/9/2011</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2t,27</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(4,264,073</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(4,264,073</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(5,293,049</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(602,167</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Difference in value arising from restructuring transactions and other transactions between entities under common control</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2d,28</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">478,000</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">478,000</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">478,000</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">54,380</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Difference due to change of equity in associated companies</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2f</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">385,595</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">385,595</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">385,595</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">43,867</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Unrealized holding gain from available-for-sale securities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2f,2s</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">18,136</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">49,695</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">44,804</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,097</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Translation adjustment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2f</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">230,995</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">233,378</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">233,870</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">26,606</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Difference due to acquisition of non-controlling interest in subsidiaries</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1d,2d</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(439,444</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(484,629</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(484,629</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(55,134</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Retained earnings</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Appropriated</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">15,336,746</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">15,336,746</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">15,336,746</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,744,795</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Unappropriated</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2p</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">20,701,735</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">26,570,697</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">29,136,667</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,314,752</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total Stockholders' Equity Attributable To Owners Of The Parent</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">38,561,023</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">44,418,742</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">45,951,337</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,227,683</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Non-controling Interest</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">24</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10,933,347</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">11,996,041</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">12,287,601</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,397,907</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">TOTAL STOCKHOLDERS' EQUITY</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">49,494,370</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">56,414,783</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">58,238,938</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6,625,590</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">97,722,923</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">99,758,447</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">99,473,234</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">11,316,636</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: center">See accompanying notes to consolidated financial statements, which form an integral part of the consolidated financial statements</P>

<P style="TEXT-ALIGN: center">3</P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<A name="page_6"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left>
<A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face=Arial,sans-serif>Table of Content</FONT></U></B></A></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><A name="CONSOLIDATEDSTATEMENTSOFCOMPREHENSIVE"></A><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME </FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011(UNAUDITED)</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah and thousands of United States Dollars, except per share and per ADS data)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 9pt; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 16pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2010*</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="38%" colSpan=3>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.2pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 45pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Notes</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 20pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.2pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">US$ (Note 3)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">OPERATING REVENUES</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.2pt; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Telephone</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2p,29</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9,747,300</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,747,905</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.2pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">995,211</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Fixed lines</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">21,683,783</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">20,942,742</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.2pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,382,565</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Cellular</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,774,793</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,625,299</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.2pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">298,669</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Interconnection</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2c,2p,30,44</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.2pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Data, internet and information technology services</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2p,31</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">15,035,439</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">17,901,062</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.2pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,036,526</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Network</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2c,2p,32,44</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">903,485</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">954,372</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.2pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">108,575</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Other telecommunications services</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 47pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2p, 33</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,164,097</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,879,511</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.2pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">213,824</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total Operating Revenues</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">51,308,897</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">53,050,891</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.2pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6,035,370</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">OPERATING EXPENSES</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.2pt; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Depreciation and amortization</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2k,2l,2p,11,12,13</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">11,042,997</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10,782,203</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.2pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,226,644</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Personnel</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 25pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2c,2p,2q,16,34,41,42, 43,44</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,427,255</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6,469,798</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.2pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">736,041</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Operations, maintenance and telecommunication services</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2c,2p,35,44</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">12,042,417</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">12,784,356</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.2pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,454,420</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">General and administrative</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 50pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2g,2h,2p,6,7,36</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,726,590</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,792,888</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.2pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">203,969</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Interconnection</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2c,2p,37,44</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,277,133</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,530,606</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.2pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">287,896</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Marketing</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2p</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,598,371</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,369,700</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.2pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">269,590</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total Operating Expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">34,114,763</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">36,729,551</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.2pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,178,560</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">OPERATING INCOME</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">17,194,134</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">16,321,340</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.2pt; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,856,810</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">OTHER (EXPENSES) INCOME</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.2pt; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Interest income</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2c,44</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">289,266</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">385,640</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.2pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">43,873</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Equity in net income (loss) of associated companies</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2f,10</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(6,195</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,916</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.2pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(218</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Interest expense</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2c,2p,44</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,429,873</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,209,201</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.2pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(137,566</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Loss (gain) on foreign exchange - net</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2o</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">131,024</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(40,341</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.2pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(4,589</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Others &#8211; net</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2p</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">336,460</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">288,217</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.2pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">32,789</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Other expenses &#8211; net</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(679,318</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(577,601</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.2pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(65,711</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">INCOME BEFORE TAX</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">16,514,816</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">15,743,739</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.2pt; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,791,099</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">TAX (EXPENSE) BENEFIT</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2p,2r,38</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.2pt; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Current</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(3,534,697</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(4,293,507</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.2pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(488,454</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Deferred</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(796,510</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">255,707</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.2pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">29,091</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(4,331,207</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(4,037,800</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.2pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(459,363</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">INCOME FOR THE PERIOD</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">12,183,609</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">11,705,939</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.2pt; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,331,736</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="100%" colSpan=10>

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">* as restated, refer to Note 2p</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: center">See accompanying notes to consolidated financial statements, which form an integral part of the consolidated financial statements</P>

<P style="TEXT-ALIGN: center">4</P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<A name="page_7"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left>
<A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face=Arial,sans-serif>Table of Content</FONT></U></B></A></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011(UNAUDITED)</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;(Figures in tables are presented in millions of Rupiah and thousands of United States Dollars, except per share and per ADS data)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 9pt; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="23%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2010*</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="38%" colSpan=3>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="23%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Notes</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">US$ (Note 3)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="23%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">OTHER COMPREHENSIVE (EXPENSE) INCOME</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="23%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Foreign currency translation</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1d,2b,2f,10</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,994</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">492</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">56</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="23%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Change in fair value of available-for-sale financial assets - net of tax</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2f,2s</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">32,620</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(4,891</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(556</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="23%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total Other Comprehensive (Expense) Income</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">30,626</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(4,399</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(500</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="23%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">TOTAL COMPREHENSIVE INCOME FOR THE PERIOD</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">12,214,235</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">11,701,540</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,331,236</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="23%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Income for the period attributable to:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="23%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Owners of the parent</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,960,340</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,385,162</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">953,945</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="23%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Non-controlling interest</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">24</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,223,269</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,320,777</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">377,791</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="23%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">12,183,609</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">11,705,939</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,331,736</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="23%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total comprehensive income attributable to:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="23%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Owners of the parent</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,990,966</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,380,763</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">953,445</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="23%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Non-controlling interest</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">24</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,223,269</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,320,777</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">377,791</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="23%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">12,214,235</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">11,701,540</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,331,236</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="23%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">BASIC EARNINGS PER SHARE</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2v,39</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="23%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Income per share</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">455.55</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">427.03</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.05</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="23%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Income per ADS (40 Series B shares per ADS)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">18,222.00</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">17,081.20</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2.00</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="23%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">* as restated, refer to Note 2p</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center">See accompanying notes to consolidated financial statements, which form an integral part of the consolidated financial statements</P>

<P style="TEXT-ALIGN: center">5</P></DIV>

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<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<A name="page_8"></A>

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<P style="TEXT-ALIGN: left; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 9pt; punctuation-wrap: simple" align=left>
<A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face=Arial,sans-serif>Table of Content</FONT></U></B></A></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 9pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 9pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 9pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 9pt; punctuation-wrap: simple" align=center><A name="CONSOLIDATEDSTATEMENTSOFCHANGEINST"></A><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY </FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 9pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;(Figures in tables are presented in millions of Rupiah)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 9pt; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1.9pt 0pt 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Difference</FONT></B></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">in value</FONT></B></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">arising from</FONT></B></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">restructuring</FONT></B></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">transactions</FONT></B></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">and other</FONT></B></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">transactions</FONT></B></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">between</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 5pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 5pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Difference</FONT></B></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 5pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">due to</FONT></B></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 5pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">change of</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 7pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Unrealized</FONT></B></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">holding</FONT></B></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">gain</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Difference</FONT></B></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">due to</FONT></B></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">acquisition</FONT></B></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">of non-</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1.9pt 0pt 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 5pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Additional</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">entities under</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 8pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 5pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">equity in</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 3pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">on available-</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">controlling</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 23pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Non-</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 11pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1.9pt 0pt 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 11pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">paid-in</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 7pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Treasury</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">common</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 2pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 5pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">associated</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 11pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">for-sale</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 4pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Translation</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">interest in</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%" colSpan=3>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Retained earnings</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">controlling </FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Stockholders'</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Descriptions</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 7pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Notes</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 13pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1.9pt 0pt 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Capital stock</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 11pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">capital</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 12pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">stock</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">control</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 5pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 5pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">companies</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 8pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">securities</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 4pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">adjustment</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">subsidiaries</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Appropriated</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Unappropriated*</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">interest</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">equity</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 17pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1.9pt 0pt 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 17pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 16pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 17pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 5pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 19pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 17pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 26pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Balance, January 1, 2010 -as previously</FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"> </FONT><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">restated&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.9pt 0pt 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,040,000</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,073,333</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(4,264,073</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">478,000</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 5pt; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">385,595</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">18,136</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">230,995</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(439,444</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">15,336,746</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">21,130,459</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">38,989,747</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10,933,347</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">49,923,094</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Adjustment in relation to implementation of PPSAK 1 &#8220;Withdrawal of PSAK 35</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.9pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 5pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Accounting for Telecommunication Services)&#8221;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 13pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2p</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.9pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 5pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(337,487</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(337,487</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(337,487</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Adjustment in relation to implementation of PSAK No. 55 (Revised 2006)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.9pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 5pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(91,237</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(91,237</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(91,237</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Balance, January 1, 2010 - after adjustment</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.9pt 0pt 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,040,000</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,073,333</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(4,264,073</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">478,000</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 5pt; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">385,595</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">18,136</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">230,995</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(439,444</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">15,336,746</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">20,701,735</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">38,561,023</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10,933,347</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">49,494,370</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">20% acquisition of Sigma</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1d,2b</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.9pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 5pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(70,467</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(70,467</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(50,392</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(120,859</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Acquisition of Ad Medika</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1d,2b,4</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.9pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 5pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,145</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,145</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Cash dividends</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2u,40</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.9pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 5pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(5,141,880</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(5,141,880</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(3,224,495</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(8,366,375</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Net comprehensive income (loss)for the period</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2f,2s,10</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.9pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 5pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">32,620</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,994</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,960,340</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,990,966</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,223,269</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">12,214,235</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Balance, September 30, 2010 - as restated</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="4%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.9pt 0pt 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,040,000</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,073,333</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(4,264,073</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">478,000</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 5pt; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">385,595</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">50,756</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">229,001</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(509,911</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">15,336,746</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">24,520,195</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">42,339,642</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="5%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10,885,874</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">53,225,516</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="100%" colSpan=30>

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">* as restated, refer to Note 2p</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: center">See accompanying notes to consolidated financial statements, which form an integral part of the consolidated financial statements</P>

<P style="TEXT-ALIGN: center">6</P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<A name="page_9"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="TEXT-ALIGN: left; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 9pt; punctuation-wrap: simple" align=left>
<A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face=Arial,sans-serif>Table of Content</FONT></U></B></A></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 9pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 9pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 9pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 9pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 9pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;(Figures in tables are presented in millions of Rupiah)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.9pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Difference</FONT></B></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.9pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">in value</FONT></B></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.9pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">arising from</FONT></B></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.9pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">restructuring</FONT></B></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.9pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">transactions</FONT></B></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.9pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">and other</FONT></B></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.9pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">transactions</FONT></B></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.9pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">between</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Difference</FONT></B></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">due to</FONT></B></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">change of</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Unrealized</FONT></B></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">holding</FONT></B></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">gain (loss)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Difference</FONT></B></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">due to</FONT></B></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">acquisition</FONT></B></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">of non-</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Additional</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.9pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">entities under</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">equity in</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">on available-</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">controlling</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Non-</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Capital</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">paid-in</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Treasury</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.9pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">common</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">associated</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">for-sale</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Translation</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">interest in</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%" colSpan=3>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Retained earnings</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">controlling</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Stockholders&#8217;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Descriptions</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Notes</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">stock</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">capital</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">stock</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.9pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">control</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">companies</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">securities</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">adjustment</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">subsidiaries</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Appropriated</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Unappropriated</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">interest</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">equity</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.9pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Balance, January 1, 2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,040,000</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,073,333</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(4,264,073</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.9pt; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">478,000</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">385,595</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">49,695</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">233,378</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(484,629</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">15,336,746</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">26,570,697</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">44,418,742</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">11,996,041</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">56,414,783</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Cash dividends</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2u,40</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.9pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(5,819,192</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(5,819,192</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(3,029,217</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(8,848,409</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Treasury stock acquired- at cost</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2u,27</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,028,976</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.9pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,028,976</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,028,976</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Net comprehensive income (loss) for the period</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1d, 2b,2f,</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.9pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2s,10</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.9pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(4,891</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">492</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,385,162</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,380,763</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,320,777</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">11,701,540</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Balance, September 30, 2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,040,000</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,073,333</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(5,293,049</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.9pt; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">478,000</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">385,595</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">44,804</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">233,870</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(484,629</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">15,336,746</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">29,136,667</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">45,951,337</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">12,287,601</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">58,238,938</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center">See accompanying notes to consolidated financial statements, which form an integral part of the consolidated financial statements</P>

<P style="TEXT-ALIGN: center">7</P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<A name="page_10"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left>
<A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><A name="CONSOLIDATEDSTATEMENTSOFCASHFLOWS"></A><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">CONSOLIDATED STATEMENTS OF CASH FLOWS </FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;(Figures in tables are presented in millions of Rupiah and thousands of United States Dollars)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 9pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="53%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><SUP><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman"></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><SUP><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman"></FONT></SUP>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2010*</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><SUP><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman"></FONT></SUP>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="32%" colSpan=3>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><SUP><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman"></FONT></SUP>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="53%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">US$ (Note 3)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">CASH FLOWS FROM OPERATING ACTIVITIES</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Cash receipts from operating revenues</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Telephone</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Fixed lines</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9,077,602</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">7,948,837</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">904,304</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Cellular</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">21,470,259</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">20,720,632</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,357,296</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Interconnection</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,775,877</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,558,012</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">291,014</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Data, internet and information technology services</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">14,338,474</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">17,770,990</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,021,728</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Other services</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,980,602</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,307,936</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">262,564</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total cash receipts from operating revenues</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">49,642,814</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">51,306,407</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,836,906</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Cash payments for operating expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(17,632,020</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(17,156,904</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,951,866</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Cash payments to employees</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(7,178,349</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(6,183,289</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(703,446</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Cash paid (refund) from (to) customers</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">248,487</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(190,896</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(21,717</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Cash generated from operations</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">25,080,932</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">27,775,318</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,159,877</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Interest received</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">291,765</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">389,855</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">44,352</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Interest paid</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,349,692</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,196,637</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(136,136</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Income tax paid</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(3,533,834</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(3,856,500</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(438,737</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Payment of claim for tax refund</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(232,000</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(26,394</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Net cash provided by operating activities</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">20,489,171</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">22,880,036</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,602,962</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">CASH FLOWS FROM INVESTING ACTIVITIES</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Proceeds from sale of temporary investments and maturity of time deposits</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">24,473</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">21,752</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,475</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Purchases of temporary investments and placements in time deposits</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(5,671</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(17,000</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,934</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Proceeds from sale of property, plant and equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,768</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">25,920</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,949</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Acquisition of property, plant and equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(10,897,723</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(7,842,335</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(892,188</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Increase in advances for purchases of property, plant and equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(524,422</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(569,905</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(64,836</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Decrease (increase) in advances, other assets and escrow accounts</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">224,330</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(165,317</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(18,807</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Business combinations, net of cash acquired</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(116,503</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Acquisition of intangible assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(612,051</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(356,679</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(40,578</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Cash dividends received</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,800</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Acquisition of long-term investments</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(115,358</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Acquisition of minority interest of subsidiary</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(95,422</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Net cash used in investing activities</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(12,106,779</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(8,903,564</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,012,919</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">CASH FLOWS FROM FINANCING ACTIVITIES</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Cash dividends paid</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(5,141,880</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(6,084,415</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(692,197</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Cash dividends paid to non-controlling stockholders of subsidiaries</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(2,188,700</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(2,497,304</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(284,108</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Proceeds from short-term borrowings</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">254,152</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">168,510</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">19,171</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Repayments of short-term borrowings</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(96,531</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(97,236</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(11,062</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Proceeds from medium-term Notes</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">35,000</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Repayment of medium-term Notes</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(3,400</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(12,050</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,371</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Proceeds from long-term borrowings</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6,901,356</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">941,655</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">107,128</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Repayment of long-term borrowings</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(6,430,082</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(5,237,084</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(595,800</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Proceeds from promissory notes</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">385,980</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">43,911</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Repayment of promissory notes</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(84,939</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(9,663</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Payment for purchases of treasury stock</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,028,976</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(117,062</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Repayment of obligations under finance leases</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(166,194</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(145,858</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(16,594</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Net cash used in financing activities</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(6,836,279</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(13,691,717</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,557,647</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="53%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">* as restated, refer to Note 2p</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: center">See accompanying notes to consolidated financial statements, which form an integral part of the consolidated financial statements</P>

<P style="TEXT-ALIGN: center">8</P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<A name="page_11"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left>
<A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face=Arial,sans-serif>Table of Content</FONT></U></B></A></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">CONSOLIDATED STATEMENTS OF CASH FLOWS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;(Figures in tables are presented in millions of Rupiah and thousands of United States Dollars)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2010</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="31%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">US$ (Note 3)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">NET INCREASE IN CASH AND CASH EQUIVALENTS</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,546,113</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">284,755</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">32,396</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(410,284</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(39,683</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(4,515</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">7,805,460</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9,119,849</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,037,525</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">CASH AND CASH EQUIVALENTS AT END OF PERIOD</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,941,289</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9,364,921</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,065,406</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">SUPPLEMENTAL CASH FLOW INFORMATION</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Non-cash investing and financing activities:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Acquisition of property, plant and equipment through incurrence of payables</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,802,018</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,550,795</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">631,490</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Acquisition of property, plant and equipment through finance leases</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">15,517</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">38,561</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,387</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: center">See accompanying notes to consolidated financial statements, which form an integral part of the consolidated financial statements</P>

<P style="TEXT-ALIGN: center">9</P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>
<A name=page_12></A>
<a name="_bclPageBorder14"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><A name=NOTESTOCONSOLIDATEDFINANCIALSTATEMEN></A><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES TO CONSOLIDATED
FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">1.&nbsp;&nbsp;&nbsp;&nbsp; GENERAL</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">a.&nbsp;&nbsp;&nbsp;&nbsp; Establishment and general
information</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Perusahaan Perseroan (Persero) P.T. Telekomunikasi
Indonesia Tbk (the &#8220;Company&#8221;) was originally part of </FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&#8220;Post
en Telegraafdienst&#8221;</FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">, which was established in 1884 under
the framework of Decree No. 7 dated March 27, 1884 of the Governor General of
the Dutch Indies and was published in State Gazette No. 52 dated April 3,
1884.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">In
1991, the status of the Company was changed into a state-owned limited liability
corporation (&#8220;Persero&#8221;) based on Government Regulation No. 25/1991.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
Company was established based on notarial deed No. 128 dated September 24, 1991
of Imas Fatimah, S.H.. The deed of establishment was approved by the Minister of
Justice of the Republic of Indonesia in his Decision Letter No.
C2-6870.HT.01.01.Th.1991 dated November&nbsp;19,&nbsp;1991, and was published in
State Gazette No. 5 dated January 17, 1992, Supplement No. 210. The Articles of
Association have been amended several times, the&nbsp;latest&nbsp;amendments
were to comply with Badan Pengawas Pasar Modal dan Lembaga Keuangan Indonesia
(&#8220;BAPEPAM-LK&#8221;) Regulation No.&nbsp;IX.J.1 of Main Provisions of the Articles of
Association of Company that Make an Equity Public Offering and Public Company
and BAPEPAM-LK Regulation No.&nbsp;IX.E.2 of Material Transaction and Changes of
the Core Business Activities, and to add the Company&#8217;s purposes and objectives,
based on notarial deed No.&nbsp;37 dated June&nbsp;24,&nbsp;2010 of
A.&nbsp;Partomuan&nbsp;Pohan,&nbsp;S.H., LLM.. The changes were accepted and
approved by the Minister&nbsp;of Justice and Human Rights of the Republic of
Indonesia (&#8220;MoJHR&#8221;) as in his Letter No. AHU-AH.01.10-18476 dated July 22, 2010
and Letter No.&nbsp;AHU-35876.AH.01.02/2010 dated July 19, 2010.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">In
accordance with Article 3 of the Company&#8217;s Articles of Association, the scope of
its activities is to provide telecommunication network and services, informatics
and optimization of the Company&#8217;s resources in accordance with prevailing
regulations. To achieve this objective, the Company is involved in the following
activities:</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 5pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">a.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Main business:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 4pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">i.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Planning, building, providing, developing, operating,
marketing or selling, leasing and maintaining telecommunications and information
networks in accordance with prevailing regulations.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">ii.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Planning, developing, providing, marketing or selling and
improving telecommunications and information services in accordance with
prevailing regulations.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 5pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">b.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Supporting business:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 4pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">i.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Providing payment transactions and money transferring
services through telecommunications and information networks.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">ii.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Performing activities and other undertakings in
connection with optimization of the Company's resources, among others the
utilization of the Company's property, plant and equipment and&nbsp; moving
assets, information systems, education and training, and repairs and maintenance
facilities.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
Company&#8217;s head office is located at Jalan Japati No. 1, Bandung, West
Java.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">10</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_13></A>
<a name="_bclPageBorder15"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">1.&nbsp;&nbsp;&nbsp;&nbsp; GENERAL </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">a.&nbsp;&nbsp;&nbsp;&nbsp; Establishment and general
information </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">In
1999, the Government of the Republic of Indonesia (the &#8220;Government&#8221;) passed
Telecommunications Law No. 36, which took effect in September 2000. This Law
states that telecommunication activities cover: </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(1)</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Telecommunications networks,</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(2)</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Telecommunications services, and </FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(3)</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Special telecommunications. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">National state-owned companies (&#8220;Badan Usaha Milik
Negara&#8221; or &#8220;BUMN&#8221;), regional state-owned companies, privately-owned companies
and cooperatives are allowed to provide telecommunications networks and
services. Special telecommunications can be provided by individuals, Government
Agencies and legal entities other than telecommunications networks and service
providers. The Telecommunications Law prohibits activities that result in
monopolistic practices and unfair competition, and was expected to pave the way
for market liberalization. In connection with this law, Government Regulation
No. 52/2000 was issued, which provided that interconnection fees shall be
charged to originating telecommunications network operators where
telecommunications service is provided by two or more telecommunications network
operators. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">On
press release No. 05/HMS/JP/VIII/2000 dated August 1, 2000 of the Directorate
General of Post and Telecommunications (&#8220;DGPT&#8221;), as corrected by No.
1718/UM/VIII/2000 dated August&nbsp;2,&nbsp;2000, the period for exclusive
rights granted to the Company to provide local and domestic long-distance
(&#8220;Sambungan Langsung Jarak Jauh&#8221; or &#8220;SLJJ&#8221;) fixed-line telecommunications
services were shortened from the expiration period of December&nbsp;2010 to
August 2002 and from December 2005 to August 2003. In return, the Government was
required to pay compensation to the Company (Notes 12 and 28). Further, on press
release of the Coordinating Minister of Economics of the Republic of Indonesia
dated July&nbsp;31, 2002, the Government terminated the Company&#8217;s exclusive
right as a network provider for local and SLJJ services effective August 1,
2002. On August 1, 2002, PT Indonesian Satellite Corporation Tbk (&#8220;Indosat&#8221;) was
granted a license to provide local and SLJJ telecommunications
services.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
Company is granted several telecommunications licenses which are valid for an
unlimited period of time as long as the Company complies with prevailing laws
and telecommunications regulations and fulfills the obligations stated in those
permits. For every license, an evaluation is performed annually and an overall
evaluation is performed every 5 (five) years. The Company is obliged to submit
reports of services to the Indonesian DGPT annually. The reports comprise
information such as network development progress, service quality standard
achievement, total customer, license payment and universal service contribution,
while for internet telephone services for public purpose (&#8220;ITKP&#8221;) there are
additional information required such as operational performance, customer
segmentation, traffic, and gross revenue.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">11</P></DIV>
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<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_14></A>
<a name="_bclPageBorder16"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
GENERAL </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">a.&nbsp;&nbsp;&nbsp;&nbsp; Establishment and general
information </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Details of these licenses are as follows:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<DIV align=left>
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  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="24%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="24%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="24%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 1pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="24%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 1pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">Grant date/latest</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 1pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="24%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">License</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="24%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">License No.</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="24%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Type of
      services</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 1pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="24%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 1pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">renewal date</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 1pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">License to operate local fixed line and basic
      telephone services network</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">381/KEP/</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">M.KOMINFO/</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10/2010</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Local
      fixed line and</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">basic
      telephone</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">services
      network</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 1pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 1pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">October
      28, 2010</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 1pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">License to operate fixed domestic long distance and
      basic telephone services network</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">382/KEP/</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">M.KOMINFO/</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10/2010</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Fixed
      domestic long</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">distance
      and basic</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">telephone
      services</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">network</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 1pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 1pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">October
      28, 2010</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 1pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">License to operate fixed international and basic
      telephone services network</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">383/KEP/</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">M.KOMINFO/</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10/2010</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Fixed
      international</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">and basic
      telephone</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">services
      network</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 1pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 1pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">October
      28, 2010</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 1pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">License to operate fixed closed
    Network</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">398/KEP/</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">M.KOMINFO/</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">11/2010</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Fixed
      closed</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">network</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 1pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 1pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">November
      12, 2010</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 1pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">License to operate internet telephone services for
      public purpose</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">384/KEP/DJPT/</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">M.KOMINFO/</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">11/2010</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">ITKP</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 1pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 1pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">November
      29, 2010</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 1pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">License to operate internet service
      Provider</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">83/KEP/DJPPI/</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">KOMINFO/</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4/2011</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Internet
      service</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">provider</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 1pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 1pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">April 7,
      2011</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 1pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">License to operate data communication system
      services</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">169/KEP/DJPPI/</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">KOMINFO/</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6/2011</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Data
      communication</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">sytem
      service</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 1pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 1pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">June 6,
      2011</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 1pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">License to operate packet switched based local
      fixed line network</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">331/KEP/</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">M.KOMINFO/</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">07/2011</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Packet
      switched</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">based
      local fixed</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">line
      network</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 1pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 1pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">July 27,
      2011</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 1pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center">12</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_15></A>
<a name="_bclPageBorder17"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
GENERAL </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">b.&nbsp;&nbsp;&nbsp;&nbsp; Company&#8217;s Board of
Commissioners, Directors, Audit Committee, Corporate Secretary and employees
</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">1.&nbsp;&nbsp;&nbsp;&nbsp; Board of Commissioners and
Directors</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Based
on resolutions made at (i) the Annual General Meeting (&#8220;AGM&#8221;) of Stockholders of
the Company dated June 12, 2009 as covered by notarial deed No. 22 of Dr. A.
Partomuan Pohan, S.H., LLM.; (ii) the Extraordinary General Meeting (&#8220;EGM&#8221;) of
Stockholders of the Company dated June 11, 2010 as covered by notarial deed no.
18 of the same notary, and (iii) the EGM of Stockholders of the Company dated
December 17, 2010 as covered by notarial deed no. 33 of the same notary, the
composition of the Company&#8217;s Board of Commissioners and Directors as of December
31, 2010 and September 30,&nbsp;2011, respectively, were as follows:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<DIV align=left>
<TABLE style="WIDTH: 94.5%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 54.9pt" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="45%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 63pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="26%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 64pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="27%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 0.6pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September 30, 2011</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="45%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">President Commissioner</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 63pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="26%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">Tanri Abeng</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 64pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.6pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Jusman
      Syafii Djamal</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="45%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">Commissioner</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 63pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="26%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">Bobby A.A Nazief</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 64pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.6pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">Bobby A.A Nazief</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="45%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Commissioner</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 63pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="26%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Mahmuddin
      Yasin</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 64pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.6pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Mahmuddin
      Yasin</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="45%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Independent Commissioner</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 63pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="26%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Arif
      Arryman</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 64pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.6pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rudiantara</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="45%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Independent Commissioner</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 63pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="26%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Petrus
      Sartono</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 64pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.6pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Johnny
      Swandi Sjam</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="45%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">President
      Director</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 63pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="26%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rinaldi
      Firmansyah</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 64pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.6pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rinaldi
      Firmansyah</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="45%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Vice President Director/Chief Operating Officer
      (&#8220;COO&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 63pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="26%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">* (see
      Note below)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 64pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.6pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">* (see
      Note below)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="45%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Director
      of Finance</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 63pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="26%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Sudiro
      Asno</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 64pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.6pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Sudiro
      Asno</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="45%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Director
      of Network and Solution</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 63pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="26%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Ermady
      Dahlan</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 64pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.6pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Ermady
      Dahlan</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="45%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Director
      of Enterprise and Wholesale</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 63pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="26%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Arief
      Yahya</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 64pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.6pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Arief
      Yahya</FONT></P></TD></TR>
  <TR style="HEIGHT: 0.15in">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="45%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Director
      of Consumer</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 63pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="26%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">I Nyoman
      Gede Wiryanata</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 64pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.6pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">I Nyoman
      Gede Wiryanata</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="45%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Director of Compliance and Risk
      Management</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 63pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="26%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Prasetio</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 64pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.6pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Prasetio</FONT></P></TD></TR>
  <TR style="HEIGHT: 13.05pt">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 13.05pt; PADDING-TOP: 0in" vAlign=top width="45%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Chief
      Information Technology Officer</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 13.05pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 63pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 13.05pt; PADDING-TOP: 0in" vAlign=top width="26%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Indra
      Utoyo</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 13.05pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 64pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 13.05pt; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.6pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Indra
      Utoyo</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="45%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Director
      of Human Capital and General Affairs (&#8220;HCGA&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 10pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="26%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Faisal
      Syam</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 11pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.6pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Faisal
      Syam</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face="Times New Roman">*&nbsp; COO is held by Director of Network and Solution
in 2010 and 2011</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Based
on the EGM of Stockholders of the Company dated December 17, 2010, the Company&#8217;s
stockholders agreed, among others to:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">1.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">reappoint Rinaldi Firmansyah as President Director and
Arief Yahya as Director of Enterprise and Wholesale with the terms of service
effective from the closing of the EGM of Stockholders of the Company and to be
ended on the date of the AGM of Stockholders of the Company in 2015;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">2.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">appoint Jusman Syafii Djamal as President Commissioner,
Rudiantara as Independent Commissioner, and Johnny Swandi Sjam as Independent
Commissioner with the terms of service effective from January 1, 2011 and to be
ended on the date of the AGM of Stockholders of the Company in 2015.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">13</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_16></A>
<a name="_bclPageBorder18"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
GENERAL </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">b.&nbsp;&nbsp;&nbsp;&nbsp; Company&#8217;s Board of
Commissioners, Directors, Audit Committee, Corporate Secretary and employees
</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">2.&nbsp;&nbsp;&nbsp;&nbsp; Audit Committee and Corporate
Secretary</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
composition of the Company&#8217;s Audit Committee and Corporate Secretary as of
December 31, 2010 and September 30,&nbsp;2011, respectively, were as
follows:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<DIV align=left>
<TABLE style="WIDTH: 94.58%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="31%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 63pt" align=left><B><FONT style="FONT-SIZE: 9pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="34%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 64pt" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="33%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 0.6pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September 30, 2011</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="31%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Chair</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 63pt" align=left><B><FONT style="FONT-SIZE: 9pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="34%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Petrus
      Sartono</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 64pt" align=left><B><FONT style="FONT-SIZE: 9pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.6pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rudiantara</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="31%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Secretary</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 63pt" align=left><B><FONT style="FONT-SIZE: 9pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="34%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Salam</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 64pt" align=left><B><FONT style="FONT-SIZE: 9pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.6pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Salam</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="31%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Member</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 63pt" align=left><B><FONT style="FONT-SIZE: 9pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="34%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Bobby A.A
      Nazief</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 64pt" align=left><B><FONT style="FONT-SIZE: 9pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.6pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Bobby A.A
      Nazief</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="31%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Member</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 63pt" align=left><B><FONT style="FONT-SIZE: 9pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="34%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Agus
      Yulianto</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 64pt" align=left><B><FONT style="FONT-SIZE: 9pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.6pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Agus
      Yulianto</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="31%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Member</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 63pt" align=left><B><FONT style="FONT-SIZE: 9pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="34%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Sahat
      Pardede</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 64pt" align=left><B><FONT style="FONT-SIZE: 9pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.6pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Sahat
      Pardede</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="31%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Member</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 63pt" align=left><B><FONT style="FONT-SIZE: 9pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="34%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 64pt" align=left><B><FONT style="FONT-SIZE: 9pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.6pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Johnny
      Swandi Sjam</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="31%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Corporate
      Secretary</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 63pt" align=left><B><FONT style="FONT-SIZE: 9pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="34%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Agus
      Murdiyatno</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 64pt" align=left><B><FONT style="FONT-SIZE: 9pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.6pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Agus
      Murdiyatno</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">3.&nbsp;&nbsp;&nbsp;&nbsp; Employees</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">As of
December 31, 2010 and &nbsp;September 30,&nbsp;2011, the Company and its
subsidiaries had 26,847 (audited) and 26,852 employees (unaudited),
respectively.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">c.&nbsp;&nbsp;&nbsp;&nbsp; Public offering of securities
of the Company</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
Company&#8217;s shares prior to its Initial Public Offering (&#8220;IPO&#8221;) totalled
8,400,000,000, consisting of 8,399,999,999 Series B shares and 1 Series A
Dwiwarna share, and were 100%-owned by&nbsp;the&nbsp;Government. On November 14,
1995, 933,333,000 new Series B shares and 233,334,000&nbsp;Series B shares owned
by the Government were offered to public through IPO and listed on the Indonesia
Stock Exchange (&#8220;IDX&#8221;) (previously the Jakarta Stock Exchange and the Surabaya
Stock Exchange) and 700,000,000&nbsp;Series&nbsp;B shares owned by the
Government were offered to the public and listed on the New York Stock Exchange
(&#8220;NYSE&#8221;) and the London Stock Exchange (&#8220;LSE&#8221;), in the form of American
Depositary Shares (&#8220;ADS&#8221;). There are 35,000,000 ADS and each ADS represents
20&nbsp;Series B shares at that time.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">In
December 1996, the Government had a block sale of its 388,000,000 Series B
shares, and in&nbsp;1997, had distributed 2,670,300 Series B shares as incentive
to the Company&#8217;s stockholders who did not sell their shares within one year from
the date of the IPO. In May 1999, the&nbsp;Government further sold 898,000,000
Series B shares.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">To
comply with Law No. 1/1995 of the Limited Liability Companies, at the AGM of
Stockholders of the Company on April 16, 1999, the Company&#8217;s stockholders
resolved to increase the Company&#8217;s issued share capital by distribution of
746,666,640&nbsp;bonus shares through the capitalization of certain additional
paid-in capital, which&nbsp;were distributed to the Company&#8217;s stockholders in
August 1999. On August 16, 2007, the Law No. 1/1995 of the Limited Liability
Companies was amended by the issuing of Law No. 40/2007 of the Limited Liability
Companies which became effective at the same date. The Law No. 40/2007 has no
effect on the public offering of shares of the Company. The Company has complied
with Law No. 40/2007. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">14</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_17></A>
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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
GENERAL </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">c.&nbsp;&nbsp;&nbsp;&nbsp; Public offering of securities
of the Company </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">In
December 2001, the Government had another block sale of 1,200,000,000 shares or
11.9%&nbsp;of&nbsp;the total outstanding Series B shares. In July 2002, the
Government sold a further 312,000,000 shares or 3.1% of the total outstanding
Series B shares.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">At
the AGM of Stockholders of the Company dated July 30, 2004, as covered by
notarial deed No. 26 of A. Partomuan Pohan, S.H., LLM., the Company&#8217;s
stockholders approved the Company&#8217;s 2-for-1 stock split for Series A Dwiwarna
and Series B. For Series A Dwiwarna share with par value of Rp.500, it was split
into 1 Series A Dwiwarna share with par value of Rp.250&nbsp;per share and 1
Series B share with par value of&nbsp;Rp.250&nbsp;per&nbsp;share. The stock
split resulted in an increase of the Company&#8217;s authorized capital stock from 1
Series A Dwiwarna share and 39,999,999,999 Series B shares to
1&nbsp;Series&nbsp;A&nbsp;Dwiwarna share and 79,999,999,999&nbsp;Series B
shares, and issued capital stock from 1 Series A Dwiwarna share and
10,079,999,639 Series B shares to 1&nbsp;Series&nbsp;A&nbsp;Dwiwarna share and
20,159,999,279 Series B shares. After the stock split, each&nbsp;ADS represented
40 Series B shares.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">During the EGM of Stockholders of the Company on December
21, 2005, AGM of Stockholders of the Company on June&nbsp;29,&nbsp;2007, the AGM
of Stockholders of the Company on June&nbsp;20,&nbsp;2008, and AGM of
Stockholders of the Company on May 19,&nbsp;2011, the Company&#8217;s stockholders
approved the phase I, II, III and IV plan, respectively, to repurchase the
Company&#8217;s issued Series B shares (Note 27). </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">As of
September 30, 2011, all of the Company&#8217;s Series B shares were listed on the
IDX</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#ff6600 face="Times New Roman"> </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">and 73,729,971 ADS shares were listed on
the NYSE and LSE (Note 25).</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">As of
September 30, 2011, the Company&#8217;s outstanding bonds which was second IDR bond
and issued on June 25, 2010 with a nominal amount of Rp.1,005,000 million for a
five-year period and Rp.1,995,000 million for a ten-year period for Series A and
Series B, respectively, were listed on the IDX (Note 21a).</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">d.&nbsp;&nbsp;&nbsp;&nbsp; Subsidiaries</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">As of
December 31, 2010 and September 30,&nbsp;2011, the Company has consolidated the
following direct or indirectly owned subsidiaries which it controls as a result
of majority ownership (Notes 2b and 2d):</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">15</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_18></A>
<a name="_bclPageBorder20"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
GENERAL </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">d.&nbsp;&nbsp;&nbsp;&nbsp; Subsidiaries </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><B><I><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face="Times New Roman">(i)&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><U><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face="Times New Roman">Direct
subsidiaries:</FONT></U></I></B><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face="Times New Roman"> &nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<DIV align=left>
<TABLE style="WIDTH: 94.5%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 54.9pt" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Subsidiary/place of</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0pt 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="23%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Nature of
      business/ date of incorporation or</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 0.2pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Date of commercial</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="31%" colSpan=3>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.05pt; MARGIN: 0in 0.3pt 0pt 0.2pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Percentage of effective ownership
      interest</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="22%" colSpan=3>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total
      assets before elimination</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">incorporation</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0pt 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="23%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">acquisition by the company</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 0.2pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">operation</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt 0.45pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December 31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.05pt; MARGIN: 0in 0.3pt 0pt 0.2pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September 30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="12%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">PT Telekomunikasi Selular(</FONT><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&#8220;Telkomsel&#8221;</FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">),&nbsp;</FONT><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"> Jakarta,
      Indonesia</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0pt 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Telecommunication -</FONT><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">
      </FONT></I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">provides&nbsp;</FONT><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">
      </FONT></I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">telecommunication facilities and mobile cellular
      services using Global System for Mobile Communication (&#8220;GSM&#8221;)
      technology/May 26, 1995</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 0.2pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1995</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt 0.45pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">65</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.05pt; MARGIN: 0in 0.3pt 0pt 0.2pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">65</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">57,343,376</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">57,881,326</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">PT Multimedia Nusantara(</FONT><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&#8220;Metra&#8221;</FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">), </FONT><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Jakarta,
      Indonesia</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0pt 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Multimedia and line</FONT><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">
      </FONT></I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">telecommunication services/May 9,
2003</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 0.2pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1998</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt 0.45pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">100</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.05pt; MARGIN: 0in 0.3pt 0pt 0.2pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">100</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,872,689</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,896,485</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">PT Telekomunikasi</FONT><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">
      Indonesia International(</FONT><B><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&#8220;TII&#8221;</FONT></B><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">),
      </FONT><I><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">Jakarta,Indonesia&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0pt 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Telecommunication/</FONT><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">July 31, 2003</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 0.2pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1995</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt 0.45pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">100</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.05pt; MARGIN: 0in 0.3pt 0pt 0.2pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">100</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,757,023</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,189,009</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">PT Pramindo Ikat Nusantara(</FONT><B><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&#8220;Pramindo&#8221;</FONT></B><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">),&nbsp;</FONT><I><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">
      Jakarta, Indonesia</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0pt 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">Telecommunication construction and services/ August
      15, 2002</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 0.2pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">1995</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt 0.45pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">100</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.05pt; MARGIN: 0in 0.3pt 0pt 0.2pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">100</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">1,199,394</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">1,576,565</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">PT Infomedia Nusantara (</FONT><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&#8220;Infomedia&#8221;</FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">),</FONT><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Jakarta,
      Indonesia</FONT></I></P>
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0pt 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Data and information service -
      provides</FONT><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"> </FONT></I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">telecommunication information
      services and other information services in the form of print and
      electronic media and call </FONT><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">center services/September
      22,1999</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 0.2pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1984</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">100
      (including through 49% ownership by Metra)</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt 0.45pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">100
      (including through 49% ownership by Metra)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">648,695</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">722,857</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">PT Dayamitra Telekomunikasi (</FONT><B><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">&#8220;Dayamitra&#8221;</FONT></B><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">),&nbsp;</FONT><I><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">
      Jakarta, Indonesia</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0pt 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">Telecommunication May 17, 2001</FONT></P>
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 0.2pt" align=center><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">1995</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt 0.45pt" align=center><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">100</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.05pt; MARGIN: 0in 0.3pt 0pt 0.2pt" align=center><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">100</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">433,835</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">1,405,089</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">PT Indonusa Telemedia </FONT><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">(</FONT><B><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">&#8220;Indonusa&#8221;</FONT></B><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">),</FONT><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Jakarta,
    Indonesia</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Pay television and </FONT><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">content services</FONT><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"> May 7,
      1997</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 0.2pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1997</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">100
      </FONT><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">(including&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"> through
      0.8% ownership by Metra)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">100
      </FONT><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">(including&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"> through
      0.54% ownership by Metra)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">343,192</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">533,647</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">PT Graha Sarana Duta (</FONT><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&#8220;GSD&#8221;</FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">), </FONT><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Jakarta&nbsp;</FONT></I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">
      </FONT><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Indonesia&nbsp;</FONT></I></P>
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><I><FONT style="FONT-SIZE: 10pt" lang=DE color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0pt 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Leasing of offices </FONT><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">and providing building management
      and maintenance services, civil consultant and developer/ April 25,
      2001</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 0.2pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1982</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt 0.45pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">99.99</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.05pt; MARGIN: 0in 0.3pt 0pt 0.2pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">99.99</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">263,057</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">363,662</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">PT Napsindo Primatel Internasional (</FONT><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&#8220;Napsindo&#8221;</FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">), </FONT><I><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">Jakarta, Indonesia</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0pt 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Telecommunication provides Network Access Point
      (NAP),</FONT><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">Voice Over Data </FONT><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(VOD) and
      other related services/ December 29, 1998</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1999;
      ceased operation on</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">January
      13, </FONT><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">2006&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt 0.45pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">60</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.05pt; MARGIN: 0in 0.3pt 0pt 0.2pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">60</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,910</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,910</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0pt 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: center">16</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_19></A>
<a name="_bclPageBorder21"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">1.&nbsp;&nbsp;&nbsp;&nbsp; GENERAL </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">d.&nbsp;&nbsp;&nbsp;&nbsp; Subsidiaries </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><B><I><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face="Times New Roman">(ii)</FONT></I></B><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></I></B><B><I><U><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face="Times New Roman">Indirect subsidiaries:</FONT></U></I></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 92.92%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 1in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Subsidiary/place of</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="24%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Nature of
      business/</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Date of
      commercial</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="31%" colSpan=3>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Percentage
      of effective ownership interest</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="22%" colSpan=3>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total
      assets before elimination</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Incorporation</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><SUP><B><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></B></SUP></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="24%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">date of
      incorporation or acquisition by the Company</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">operation</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 1pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 1pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December 31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="12%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">PT Sigma Cipta Caraka</FONT><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(&#8220;</FONT><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Sigma</FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&#8221;),
      </FONT><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Tangerang</FONT></I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">, </FONT><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Indonesia&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">Information technology</FONT><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"> service &#8211;
      system implementation and integration service, outsourcing and software
      license maintenance/ May 1, 1987</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">1988</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">100 </FONT><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(through 100% ownership</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">by
      Metra)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">100 </FONT><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(through 100% ownership</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">by
      Metra)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">503,476</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">571,073</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">PT Telekomunikasi Indonesia International Pte.
      Ltd., </FONT><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Singapore&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Telecommunication/ December 6, 2007</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2008</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">100
      (through100% ownership </FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">By
      TII)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">100
      (through 100% ownership </FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">By
      TII)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">256,294</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">357,120</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">PT Balebat Dedikasi Prima (&#8220;</FONT><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Balebat</FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&#8221;), </FONT><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Bogor</FONT></I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">, </FONT><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Indonesia&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Printing/October 1, 2003</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">65(through</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">65%
      ownership by Infomedia)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">65
      (through 65% ownership </FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">by
      Infomedia)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">86,068</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">101,429</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">PT Finnet Indonesia (&#8220;</FONT><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Finnet</FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&#8221;), </FONT><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Jakarta,
      Indonesia</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Banking data and communication/October 31,
      2005</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2006</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">60
      (through</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">60%
      ownership</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">by
      Metra)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">60
      (through 60% ownership</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">by
      Metra)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">71,922</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">76,890</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">PT Administrasi Medika(&#8220;</FONT><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Ad
      Medika</FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&#8221;),&nbsp;</FONT><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"> Jakarta,
    Indonesia</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Heatlh insurance administration services/ February
      25, 2010</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2010</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">75
      (through75%</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">ownership
      by</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Metra)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">75
      (through75% ownership </FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">By
      Metra)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">59,970</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">75,820</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">PT Metra-Net (&#8220;</FONT><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Metra-Net</FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&#8221;)&nbsp;</FONT><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"> Jakarta,
      Indonesia</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Multimedia portal service/April 17,
    2009</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2009</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">100
      (through100%</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">ownership
      by</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Metra)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">100
      (through100% ownership </FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">By
      Metra)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">42,031</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">45,315</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Telkomsel Finance B.V., (&#8220;TFBV&#8221;), Amsterdam, The
      Netherlands</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Finance &#8211; established in 2005 for the purpose of
      borrowing, lending and raising fundsincluding issuance of bonds,
      promissory notes or debts/February 7, 2005 </FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2005</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">65
      (through 100%</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">ownership
      by</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Telkomsel)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">65
      (through 100% ownership </FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">By
      Telkomsel)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">7,687</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">7,548</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Telekomunikasi Indonesia International Ltd.,
      Hongkong</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Telecommunication/ December 8, 2010</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2010</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">100
      (through100%</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">ownership
      by</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">TII)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">100
      (through100% ownership </FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">By
      TII)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,640</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">40,613</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Aria West InternationalFinance B.V. (&#8220;AWI BV&#8221;), The
      Netherlands</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Established to engagedin rendering services in the
      field of trade and finance services/June 3, 1996</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1996;
      ceased operation on</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">July 31,
      2003</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">100
      (through 100%</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">ownership
      by</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">TII)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">100
      (through 100% ownership </FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">By
      TII)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">311</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">311</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Telekomunikasi Selular Finance
Limited</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Finance &#8211; established to raise funds for the
      development of Telkomsel&#8217;s business through the issuance of debenture
      stock, bonds, mortgages or any other securities/April 22,
    2002</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2002</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">65
      (through100%</FONT></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Telkomsel)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">65
      (through100% Telkomsel)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">65</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="12%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">19</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: center">17</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_20></A>
<a name="_bclPageBorder22"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">1.&nbsp;&nbsp;&nbsp;&nbsp; GENERAL </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<OL style="MARGIN-TOP: 0in; MARGIN-BOTTOM: 0in" type=a start=4>
  <LI style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Subsidiaries </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT>
  </LI></OL>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(a)</FONT></I><I><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></I><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Telkomsel&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; On October 11,
2006, Telkomsel&#8217;s operating licenses were updated by the MoCI based on Decision
Letter No. 101/KEP/M.KOMINFO/10/2006, granting Telkomsel the rights to provide:
(i) Mobile telecommunication services with radio frequency bandwidth in 900
Megahertz (&#8220;MHz&#8221;) and 1800 MHz bands; (ii) Mobile telecommunication services
IMT-2000 with radio frequency bandwidth in the 2.1 GHz bands (3G); and (iii)
Basic telecommunication services.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; This license
stipulates the rights and obligations of Telkomsel, including any relevant
sanctions. The license has a perpetual term, which is subject to evaluation on
an annual basis.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Based on
Decision Letter No. 226/DIRJEN/2009 dated September 24, 2009, Telkomsel obtained
the operating license for providing VoIP services in certain areas. The license
has a perpetual term, which is subject to evaluation on an annual basis or every
five years.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Based on Bank
Indonesia&#8217;s (&#8220;BI&#8221;) letter No. 10/632/DASP dated August 12, 2008, Telkomsel
registered as a Money Remitter with register No. 10/12/DASP/10 dated
August&nbsp;12,&nbsp;2008 to provide remittance service.&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Based
on Decision Letter No. 268/KEP/M.KOMINFO/9/2009 of the Minister of Communication
and Information Technology dated September 1, 2009, the Government granted
Telkomsel an additional IMT-2000 license in the 2.1 GHz frequency bandwidth for
a 10-year period from the date of the decision letter (Notes 13iii and
48c.i).</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Based
on Decision Letters No.&nbsp;39/KEP/M.KOMINFO/01/2010 and
No.&nbsp;41/KEP/M.KOMINFO/01/2010 of the Ministry dated January 25, 2010 and
January 28, 2010, respectively, the Government granted Telkomsel operating
licenses to provide local fixed-line under the USO program. The licenses are
valid until the expiration of the agreements, extendable subject to evaluation
(Note 47h).</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Based
on Decision Letter No. 213/DIRJEN/2010 dated June 17, 2010, which replaced
Decision Letter No.&nbsp;38/DIRJEN/2004, the Ministry of Communication and
Information Technology through DGPT granted Telkomsel an operating license for
providing internet services. The license has a perpetual term, which is subject
to evaluation on an annual basis or every five years.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">18</P></DIV>
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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">1.&nbsp;&nbsp;&nbsp;&nbsp; GENERAL </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">d.&nbsp;&nbsp;&nbsp;&nbsp; Subsidiaries </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(b)</FONT></I><I><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></I><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Metra&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">On
January 25, 2010, Metra entered into a CSPA with Ad Medika&#8217;s stockholders to
purchase 75% of Ad Medika&#8217;s outstanding shares (Note 4). Subsequently, on
February 25, 2010, Metra entered into SPA with Ad Medika&#8217;s stockholders for the
share purchase transaction amounting to Rp.130,077&nbsp;million.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">On
February 2, 2010, based on notarial deed No. 1 of Myra Yuwono, S.H., dated
February&nbsp;2,&nbsp;2010, Metra&#8217;s stockholders agreed to increase its issued
and fully paid capital from Rp.1,084,179 million to Rp.1,101,179 million by
issuing 1,700,000 additional new shares with a nominal value of Rp.10,000 per
share to be issued and fully paid by the Company for additional paid in capital
purpose on the Metra-Net.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">On
March 4, 2010, based on notarial deed No. 5 of Myra Yuwono, S.H., dated March
4,&nbsp;2010, Metra&#8217;s stockholders agreed to increase its issued and fully paid
capital from Rp.1,101,179 million to Rp.1,233,179 million by issuing 13,200,000
additional new shares with a nominal value of Rp.10,000 per share to be issued
and fully paid by the Company for Ad Medika&#8217;s acquisition purpose (Note
4).</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">On
June 22, 2010, based on notarial deed No. 20 of Myra Yuwono, S.H., dated
June&nbsp;22,&nbsp;2010, Metra&#8217;s stockholders agreed to increase its issued and
fully paid capital from Rp.1,233,179 million to Rp.1,284,179 million by issuing
5,100,000 additional new shares with a nominal value of Rp.10,000 per share to
be issued and fully paid by the Company for purpose of forming a joint venture
with SK Telecom (Note 10ii).</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">On
August 30, 2010, based on notarial deed No. 59 of Myra Yuwono, S.H., dated
August&nbsp;30,&nbsp;2010, Metra&#8217;s stockholders agreed to increase its issued
and fully paid capital from Rp.1,284,179 million to Rp.1,327,179 million by
issuing 4,300,000 additional new shares&nbsp; with a nominal value of Rp.10,000
per share to be issued and fully paid by the Company for additional paid in
capital purpose on the Metra-Net.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">On
August 31, 2010, based on notarial deed No. 60 of Myra Yuwono, S.H., dated
August&nbsp;31,&nbsp;2010, Metra&#8217;s stockholders agreed to increase its issued
and fully paid capital from Rp.1,327,179 million to Rp.1,422,901 million by
issuing 9,572,206 additional new shares with a nominal value of Rp.10,000 per
share to be issued and fully paid by the Company for the purpose of exercising
the 20% put option of Sigma&#8217;s shares owned by PT Sigma Citra Harmoni
(&#8220;SCH&#8221;).</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">19</P></DIV>
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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">1.&nbsp;&nbsp;&nbsp;&nbsp; GENERAL </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">d.&nbsp;&nbsp;&nbsp;&nbsp; Subsidiaries </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(c)&nbsp;&nbsp; TII </FONT></I></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Based
on the Circular Meeting of Stockholders of TII on January 11, 2010, TII&#8217;s
stockholder agreed TII&#8217;s participation in South East Asia-Japan Cable System
(SJC) Sea Cable Consortium and Extended Capacity to United States of America to
be a total investment of US$45.2 million. As at September 30, 2011, TII has paid
US$6.2 million (equivalent to Rp.56,249&nbsp;million) to the Consortium and
issued standby budget letter of credit amounting to US$7.3 million (equivalent
to Rp.63,685 million) (Note 12).</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Based
on the Circular Meeting of Stockholders of TII on November 10, 2010 as covered
by notarial deed No. 28 of Siti Safarijah dated November 30, 2010, TII&#8217;s
stockholder agreed the conversion of debt of Rp.164,708 million (debt to equity
swap) into shares issued and fully paid capital to become Rp.1,066,205
million.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><I><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(d)&nbsp;&nbsp; Indonusa </FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">On
December 10, 2010, based on notarial deed No. 6 of Dr. A. Partomuan, S.H., dated
January 6,&nbsp;2011, Indonusa&#8217;s stockholders agreed to increase its issued and
fully paid capital from 481,426,353 shares to 753,426,353 shares by issuing
272,000,000 additional new shares with a nominal value of Rp.500 per share and
fully paid by the Company.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-GB color=black face="Times New Roman">On March
8, 2011, based on the Circular Meeting of Stockholders of Indonusa </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">as
covered by notarial deed No. 18 of Dr. A. Partomuan Pohan, S.H.,
LLM.,</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-GB color=black face="Times New Roman"> dated March 14, 2011, Indonusa&#8217;s stockholder agreed the
conversion of debt of Rp.174,824 million (debt to equity swap) into shares
issued and fully paid capital to become Rp.551,537 million.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">e.&nbsp;&nbsp;&nbsp;&nbsp; Authorization of the
consolidated financial statements</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
consolidated financial statements were authorized for issue by the Board of
Directors on October 28, 2011.</FONT></P>
<P style="TEXT-ALIGN: center">20</P></DIV>
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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">2.&nbsp;&nbsp;&nbsp;&nbsp; SUMMARY OF SIGNIFICANT
ACCOUNTING POLICIES</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The
consolidated financial statements of the Company and its subsidiaries have been
prepared in accordance with generally accepted accounting principles in
Indonesia (&#8220;Indonesian GAAP&#8221;) and Regulation of the Capital Market Supervisory
Board and Financial Institution (&#8220;Badan Pengawas Pasar Modal dan Lembaga
Keuangan&#8221; or Bapepam-LK) No. VIII.G.7 regarding &#8220;Financial Statement
Presentation Guidelines&#8221;, KEP-554/BL/2010 regarding the Amendment of the
Regulation of the Capital Market Supervisory Board and Financial Institution
</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">No. KEP-06/PM//2000 regarding the</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> Amendment
of the Regulation No. VIII.G.7 regarding &#8220;Financial Statement Presentation
Guidelines&#8221;, Circular Letter No. SE-02/PM/2002 regarding &#8220;Financial Statements
Presentation Guidelines for Issuers or Public Companies in Telecommunication
Industry&#8221; and Circular Letter No. SE-03/BL/2011 regarding &#8220;Financial Statement
Presentation and Disclosure Guidelines for Issuers and Public Company&#8221;.
</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">a.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Basis of preparation of financial
statements</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Since
January 1, 2011, the Company and its subsidiaries have adopted Indonesian
Statement of Financial Accounting Standards (Pernyataan Standar Akuntansi
Keuangan or &#8220;PSAK&#8221;) 1 (Revised 2009), &#8220;Presentation of Financial Statements&#8221;,
PSAK 2 (Revised 2009), &#8220;Statements of Cash Flows&#8221;, and PSAK 3 (Revised 2010),
&#8220;Interim Financial Statements&#8221;, which became effective for financial statement
periods beginning on or after January 1, 2011 and is applied
prospectively.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The
consolidated financial statements, except for the consolidated statements of
cash flows, are prepared on the accrual basis of accounting. The measurement
basis used is historical cost, except for certain accounts recorded on the basis
described in the related accounting policies.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The
consolidated statements of cash flows are prepared using the direct method and
present the changes in cash and cash equivalents from operating, investing and
financing activities.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Figures in
the consolidated financial statements are rounded to and presented in millions
of Indonesian Rupiah (&#8220;Rp.&#8221;), unless otherwise stated.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">New
accounting standards</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The
following amendments to standards are mandatory for the first time for the
financial year beginning January 1, 2011.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -13.5pt; MARGIN: 0in 0in 0pt 49.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">i.&nbsp;&nbsp;&nbsp; PSAK No. 1 : Presentation of
Financial Statements</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -13.5pt; MARGIN: 0in 0in 0pt 49.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 49.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Entities
can choose whether to present one performance statement (the statement of
comprehensive income) or two statements (the income statement and statement of
comprehensive income). The Company and its subsidiaries have elected to present
one statement. The consolidated financial statements have been prepared under
the revised disclosure requirements.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 49.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -13.5pt; MARGIN: 0in 0in 0pt 49.5pt"><FONT style="FONT-SIZE: 10pt" lang=PT-BR color=black face="Times New Roman">ii.&nbsp;&nbsp; PSAK No. 3&nbsp; : Interim Financial
Reporting</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 49.5pt"><FONT style="FONT-SIZE: 10pt" lang=PT-BR color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 49.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The
standard requires the interim financial report to contain a statement of
comprehensive income for the interim period reported and the year-to-date
presented as either in one statement or two statements. Statement of
comprehensive income comparatives should be given for the comparative interim
period, but comparatives for the last full financial year are not required. The
consolidated interim financial statements have been prepared under the revised
disclosure requirements.</FONT></P>
<P style="TEXT-ALIGN: center">21</P></DIV>
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<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_24></A>
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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">2.&nbsp;&nbsp;&nbsp;&nbsp; SUMMARY OF SIGNIFICANT
ACCOUNTING POLICIES </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">a.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Basis of preparation of financial statements
</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">iii.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="Times New Roman">&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">PSAK No. 5
: Operating Segments </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 49.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The
standard requires the entities to disclose information that enable users of the
financial statements to evaluate the nature and financial effects of the
business activities. The standard also enhances the definition of operating
segment and the procedures used to identify and report operating segment. It
requires a &#8220;management approach&#8221; under which segment information is presented on
the same basis as that used for internal reporting purposes. This has not
resulted in additional reportable segment presented. Operating segment
information of the Company and its subsidiaries have been prepared under the
revised disclosure requirements.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 49.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">iv.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="Times New Roman">&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">PSAK No. 7
: Related Party Disclosures</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 49.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 49.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The
standard enhances the guidance of disclosure of related party relationships,
transactions and outstanding balances, including commitments. It also makes
clear that a member of the key management personnel is a related party, which in
turn requires the disclosures of each category of remuneration and compensation
of the key management personnel. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 49.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 49.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The
Company and its subsidiaries has evaluated its related party relationships and
ensured the consolidated financial statements have been prepared under the
revised disclosure requirements.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 49.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">v.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="Times New Roman">&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">PSAK No.
19&nbsp; : Intangible Assets</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 49.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 49.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The
standard </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">enhances the guidance </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">to
recognize and measure the carrying amount of intangible assets, and requires
</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">specified&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> disclosures about intangible
assets. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 49.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 49.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The
Company and its subsidiaries has evaluated the recognition and measurement of
the carrying amount of its intangible assets and ensured the consolidated
financial statements have been prepared under the revised disclosure
requirements.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 49.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">vi.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="Times New Roman">&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">PSAK No.
22 : Business Combinations</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 50.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The
standard </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">enhances the guidance </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">to
recognize and measure the identifiable assets acquired, the liabilities assumed
and any non-controlling interest in the acquire, and the goodwill acquired in
the business combination in financial statements. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 49.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 49.5pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">The
Company and its subsidiaries has evaluated the recognition and measurement of
the identifiable assets acquired, the liabilities assumed and any
non-controlling interest in the acquire, and the goodwill acquired in the
business combination in financial statements. The consolidated financial
statements have been prepared under the revised disclosure
requirements.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 49.5pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">vii.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="Times New Roman"> </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">PSAK No. 23 : Revenue</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 49.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 49.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The
standard </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">enhances </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">prescribes the accounting treatment of
revenue </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">arising&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> from certain types of
transactions and events. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 49.5pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 49.5pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">The
Company and its subsidiaries has evaluated </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">the accounting treatment of
revenue </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">arising&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> from certain types of
transactions and events</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">. The consolidated financial statements
have been prepared under the revised disclosure requirements.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 49.5pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">22</P></DIV>
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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">2.&nbsp;&nbsp;&nbsp;&nbsp; SUMMARY OF SIGNIFICANT
ACCOUNTING POLICIES </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">a.&nbsp;&nbsp;&nbsp;&nbsp; Basis of preparation of
financial statements </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">viii.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="Times New Roman">&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">PSAK No.
48 : Impairment of Assets</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 49.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The
standard provides guidance on how to identify cash generating unit and measure
impairment of assets. An impairment loss shall be recorded for a cash-generating
unit when the recoverable amount of the unit is less than its carrying amount.
The impairment loss shall be allocated to reduce the carrying amount of any
goodwill allocated to the cash-generating unit and to other assets of the unit
pro rata on the basis of the carrying amount of each asset in the unit. The
standard requires the entity to assess at the end of each reporting period
whether there is any indication that an asset may be impaired and impairment
loss recognized in prior periods for assets other than goodwill may no longer
exist.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 49.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 49.5pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">The
Company and its subsidiaries has evaluated </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">the impairment of assets
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">under the revised disclosure requirements </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(Note
2k).</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 49.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">ix.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="Times New Roman">&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">ISAK 10 :
Customer Loyalty Programmes</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 49.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The
standard provides guidance on how to record and measure grant award credits to
customers. The standard requires the award credits to be separately identified
and measured by reference to their fair values. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 49.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 49.5pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">The
Company and its subsidiaries has evaluated </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">the </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">recording
and measurement of grant award credits to customers and separately identified
and measured by reference to their fair values</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">. The
consolidated financial statements have been prepared under the revised
disclosure requirements.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 49.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The
adoption of those standards did not have a material impact on the results of the
Company and its subsidiaries. In addition, the Company and its subsidiaries has
disclosed information of financial statements presentation, interim financial
reporting, operating segments, related party disclosures, intangible assets,
business combinations, revenue, impairment of assets and customer loyalty
program as required by the standards.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 49.5pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">b.&nbsp;&nbsp;&nbsp; Principles of
consolidation</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Since
January 1, 2011, the Company and its subsidiaries have adopted </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">PSAK 4
(Revised 2009), &#8220;Consolidated and Separate Financial Statements&#8221;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">, which
became effective for financial statement periods beginning on or after January
1, 2011 and is applied retrospectively.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The
consolidated financial statements include the financial statements of the
Company and its subsidiaries in which the Company, directly or indirectly has
ownership of more than half of the voting power and has the ability to control
the entity unless, in exceptional circumstances, it can be clearly demonstrated
that such ownership does not constitute control, or the Company has the ability
to control the entity, even though the ownership is less than or equal to half
of the voting power. Subsidiaries are consolidated from the date on which
effective control is obtained and are no longer consolidated from the date of
disposal. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">All
significant intercompany balances and transactions have been eliminated in the
consolidated financial statements.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">23</P></DIV>
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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">2.&nbsp;&nbsp;&nbsp;&nbsp; SUMMARY OF SIGNIFICANT
ACCOUNTING POLICIES </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">c.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Transactions with related parties</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Since
January 1, 2011, the Company and its subsidiaries have adopted </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">PSAK
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">7&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> (Revised 20</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">1</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">0), </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&#8220;Related Party
Disclosures&#8221;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">, which became effective for financial statement periods
beginning on or after January 1, 2011 and is applied prospectively.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -24pt; MARGIN: 0in 0in 0pt 60pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Related
party represents a person or an entity who is related to the reporting
entity.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -24pt; MARGIN: 0in 0in 0pt 60pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">i.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">A person
or a close member of the person&#8217;s family is related to a reporting entity if
that person:</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -13.5pt; MARGIN: 0in 0in 0pt 63pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">a)&nbsp;
has control or joint control over the reporting entity;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -13.5pt; MARGIN: 0in 0in 0pt 63pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">b)&nbsp;
has significant influence over the reporting entity; or</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -13.5pt; MARGIN: 0in 0in 0pt 63pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">c)&nbsp;&nbsp; is a member of the key management
personnel of the reporting entity or of a parent of the reporting
entity.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">ii.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">An entity
is related to a reporting entity if any of the following conditions
applies:</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -13.5pt; MARGIN: 0in 0in 0pt 63pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">a)&nbsp;
The entity and the reporting entity are members of the same group (which means
that each parent, subsidiary and fellow subsidiary is related to the
others).</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -13.5pt; MARGIN: 0in 0in 0pt 63pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">b)&nbsp;
One entity is an associate or joint venture of the other entity (or an
associateor joint venture of a member of a group of which the other entity is a
member).</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -13.5pt; MARGIN: 0in 0in 0pt 63pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">c)&nbsp;&nbsp; Both entities are joint ventures of the
same third party.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -13.5pt; MARGIN: 0in 0in 0pt 63pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">d)&nbsp;
One entity is a joint venture of a third entity and the other entity is an
associate of the third entity.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -13.5pt; MARGIN: 0in 0in 0pt 63pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">e)&nbsp;&nbsp; The entity is a post-employment benefit
plan for the benefit of employees of either the reporting entity or an entity
related to the reporting entity. If the reporting entity is it self such a plan,
the sponsoring employers are also related to the reporting entity.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -13.5pt; MARGIN: 0in 0in 0pt 63pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">f)&nbsp;&nbsp; The entity is controlled or jointly
controlled by a person identified in (i).</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -13.5pt; MARGIN: 0in 0in 0pt 63pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">g)&nbsp;&nbsp; A person identified in (i)(a) has
significant influence over the entity or is a member of the key management
personnel of the entity (or of a parent of the entity).</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -24pt; MARGIN: 0in 0in 0pt 60pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">d.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Acquisitions of subsidiaries</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -24pt; MARGIN: 0in 0in 0pt 60pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Since
January 1, 2011, the Company and its subsidiaries have adopted </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">PSAK
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">22&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> (Revised 20</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">1</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">0), </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&#8220;Business
Combinations&#8221;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">, which became effective for financial statement periods
beginning on or after January 1, 2011 and is applied prospectively.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -24pt; MARGIN: 0in 0in 0pt 60pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The
acquisition of a subsidiary from a third party is accounted for using the
purchase method of accounting. The cost of an acquisition is allocated to the
identifiable assets and liabilities recognized using as reference, their fair
values at the date of the transaction. The excess of the acquisition cost over
the Company's interest in the fair value of identifiable assets acquired and
liabilities assumed is recorded as goodwill. Acquisition-related costs are
recognized in the periods in which the costs are incurred and the services are
received.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The
Company continually assesses whether there is any indication of impairment. If
any indication of impairment exists, the recoverable amount of intangible assets
and goodwill is estimated based on the expected future cash flows which are
discounted to their present value using a pre-tax discount rate that reflects
current market assessments of the time value of money and the risks specific to
the asset. Goodwill aroused from business combination which acquisition date
prior January 1, 2011 was stopped amortized since the period beginning on or
after January 1, 2011.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">24</P></DIV>
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<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_27></A>
<a name="_bclPageBorder29"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">2.&nbsp;&nbsp;&nbsp;&nbsp; SUMMARY OF SIGNIFICANT
ACCOUNTING POLICIES </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">d.&nbsp;&nbsp;&nbsp;&nbsp; Acquisitions of subsidiaries
</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The
acquisition of entities under common control is accounted for using book value,
in a manner similar to that of pooling of interests accounting (carryover
basis). Any difference between the consideration paid or received and the
related historical carrying amount, after considering income tax effects, is
recognized directly in equity and reported as &#8220;Difference in value arising from
restructuring transactions and other transactions between entities under common
control&#8221; in the stockholders&#8217; equity section.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The
balance of &#8220;Difference in value arising from restructuring transactions and
other transactions between entities under common control&#8221; is charged to the
consolidated statement of comprehensive income when the common control
relationship has ceased.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The
difference between the consideration paid and the non-controlling interest&#8217;s
proportionate share of the acquiree&#8217;s net identifiable assets debited is
recognized directly in equity and reported as </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&#8220;Difference due to acquisition of non-controlling
interest in subsidiaries&#8221;.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">e.&nbsp;&nbsp;&nbsp;&nbsp; Cash and cash
equivalents</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Cash and
cash equivalents consist of cash on hand and in banks and all unrestricted time
deposits with maturities of not more than three months from the date of
placement. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">f.&nbsp;&nbsp;&nbsp;&nbsp; Investments</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Since
January 1, 2011, the Company and its subsidiaries have adopted </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">PSAK 12
(Revised 2009), &#8220;Interests in Joint Ventures&#8221; and PSAK 15 (Revised 2009)
&#8220;Investments in Associates&#8221;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">, which became effective for financial
statement periods beginning on or after January 1, 2011 and is applied
retrospectively.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">i.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Time
deposits</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Time
deposits with maturities of more than three months </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">but
not more than one year, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">are presented as temporary
investments.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 45pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">ii.
&nbsp;&nbsp; Investments in securities</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 66pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Investments in available-for-sale securities and trading
securities are stated at fair value. Unrealized holding gains or losses on
available-for-sale securities are excluded from income of the current year and
are reported as a separate component in the stockholders&#8217; equity section until
realized. Realized gains or losses from the sale of available-for-sale
securities are recognized in the consolidated statements of comprehensive
income, and are determined on a specific-identification basis. A decline in the
fair value of any available-for-sale securities below cost that is deemed to be
other-than-temporary and is charged to the consolidated statements comprehensive
of income. </FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 45pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Gains or
losses arising from changes in fair value of the trading secuirites are
presented in the income statement within other (expenses) income in the period
in which they arise.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">25</P></DIV>
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<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_28></A>
<a name="_bclPageBorder30"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">2.&nbsp;&nbsp;&nbsp;&nbsp; SUMMARY OF SIGNIFICANT
ACCOUNTING POLICIES </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">f.&nbsp;&nbsp;&nbsp;&nbsp; Investments </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 45pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 45pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">iii.
&nbsp; Investments in associated companies</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Investments in companies where the Company has 20% to 50%
of the voting rights, and through which the Company exerts significant
influence, but not control, over the financial and operating policies are
accounted for using the equity method. Under this method, the Company recognizes
the Company's proportionate share in the income or loss of the associated
company from the date that significant influence commences until the date that
significant influence ceases. When the Company&#8217;s share of loss exceeds the
carrying amount of the associated company, the carrying amount is reduced to nil
and recognition of further losses is discontinued except to the extent that the
Company has incurred legal or constructive obligations or made payments on
behalf of the associate.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Investment
in joint ventures is accounted by using the equity method whereby the
participation in a joint venture initially recorded at cost and subsequently
adjusted for changes in the shares of the venturer of the joint venture&#8217;s net
assets that occurred after the acquisition.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">On a
continuous basis, but no less frequently than at the end of each year, the
Company and its subsidiaries evaluate the carrying amount of their ownership
interests in associated companies for possible impairment according to PSAK 55
(Revised 2006), &#8220;Financial Instruments: Recognition and Measurement&#8221;. Factors
considered in assessing whether an indication of other-than-temporary impairment
exists include the achievement of business plan objectives and milestones
including cash flow projections and the results of planned financing activities,
the financial condition and prospects of each associated company, the fair value
of the ownership interest relative to the carrying amount of the investment, the
period of time the fair value of the ownership interest has been below the
carrying amount of the investment and other relevant factors. Impairment to be
recognized is measured based on the amount by which the carrying amount of the
investment exceeds the fair value of the investment. Fair value is determined
based on quoted market prices (if any) and projected discounted cash flows,
whichever is lower or other valuation techniques as appropriate according to
PSAK 48 (Revised 2009), &#8220;Impairment of Assets&#8221;.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Changes in
the value of investments due to changes in the equity of associated companies
arising from capital transactions of such associated companies with other
parties are recognized directly in equity and are reported as &#8220;Difference due to
change of equity in associated companies&#8221; in the stockholders&#8217; equity section.
Differences previously credited directly to equity as a result of equity
transactions in associated companies are released to the consolidated statements
comprehensive of income upon the sale of an interest in the associate in
proportion to percentage of the interests sold.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The
functional currency of PT Pasifik Satelit Nusantara (&#8220;PSN&#8221;) and PT Citra Sari
Makmur (&#8220;CSM&#8221;) is the United States&nbsp;Dollars </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(&#8220;U.S. Dollars&#8221;) and the functional currency of Scicom
(MSC) Berhad (&#8220;Scicom&#8221;) is Malaysian Ringgit (&#8220;MYR&#8221;)</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">. For the
purpose of reporting these investments using the equity method, the assets and
liabilities of these companies as of the statement of financial position date
are translated into Indonesian Rupiah using the rates of exchange prevailing at
that date, while revenues and expenses are translated into Indonesian Rupiah at
the average rates of exchange for the year. The resulting translation
adjustments are reported as part of &#8220;Translation adjustment&#8221; in the
stockholders&#8217; equity section.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: center">26</P></DIV>
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<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_29></A>
<a name="_bclPageBorder31"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">2.&nbsp;&nbsp;&nbsp;&nbsp; SUMMARY OF SIGNIFICANT
ACCOUNTING POLICIES </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">g.&nbsp;&nbsp;&nbsp;&nbsp; Trade and other
receivables</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Trade and
other receivables are recognized initially at fair value and subsequently
measured at amortized cost, less allowance for doubtful accounts. This allowance
for doubtful accounts is made based on management&#8217;s evaluation of the
collectability of outstanding amounts. Accounts are written off in the period
during which they are determined to be uncollectible.&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 27pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">h.&nbsp;&nbsp;&nbsp;&nbsp; Inventories</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 66pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Inventories consist of components and modules, which are
subsequently expensed or transferred to property, plant and equipment upon use.
Inventories also include Subscriber Identification Module (&#8220;SIM&#8221;) cards,
Removable User Identity Module (&#8220;RUIM&#8221;) cards, handsets, set top box, wireless
broadband modem and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">prepaid voucher blanks</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">, which
are expensed upon sale. Inventories are stated at the lower of cost and net
realizable value.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Cost is
determined using the weighted average method for components, SIM cards, RUIM
cards and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">prepaid voucher blanks</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">, and the
specific-identification method for modules.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The amount
of any write-down of inventories below cost to net realizable value and all
losses of inventories shall be recognized as an expense in the period in which
the write-down or loss occurs. The amount of any reversal of any write-down of
inventories, arising from an increase in net realizable value, shall be
recognized as a reduction in the amount of inventories expense in the period in
which the reversal occurs.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Allowance
for obsolescence is primarily based on the estimated forecast of future usage of
these items.&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">i.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Prepaid
expenses</FONT></B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> &nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Prepaid
expenses are amortized over their future beneficial periods using the
straight-line method.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">j.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Intangible
assets</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Since
January 1, 2011, the Company and its subsidiaries have adopted PSAK 19 (Revised
2010), &#8220;Intangible Assets&#8221; and Financial Accounting Standards Interpretation
(Interpretasi Standar Akuntansi Keuangan or &#8220;ISAK&#8221;) 14 &#8220;Intangible Assets -
Website Costs&#8221;, which became effective for financial statement periods beginning
on or after January 1, 2011 and is applied prospectively.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Intangible
assets comprised of intangible assets from subsidiaries or business
acquisitions, licenses and computer software. Intangible assets shall be
recognized if it is probable that the expected future economic benefits that are
attributable to each asset will flow to the Company and its subsidiaries and the
cost of the asset can be reliably measured. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Intangible
assets are stated at cost less accumulated amortization and impairment, if any.
Intangible assets are amortized over their useful lives. The Company and its
subsidiaries estimate the recoverable value of their intangible assets. When the
carrying amount of an asset exceeds its estimated recoverable amount, the asset
is written-down to its estimated recoverable amount.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">27</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_30></A>
<a name="_bclPageBorder32"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">2.&nbsp;&nbsp;&nbsp;&nbsp; SUMMARY OF SIGNIFICANT
ACCOUNTING POLICIES </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">j.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Intangible assets
</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Intangible
assets are depreciated using the straight-line method, based on the estimated
useful lives of the assets as follows:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 96.76%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="87%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><B><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="13%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 1.15pt 0pt 0in" align=center><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" color=black face="Times New Roman">Years</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="87%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 22.5pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" color=black face="Times New Roman">License</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="13%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 1.15pt 0pt 0in" align=center><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" color=black face="Times New Roman">10</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="87%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 22.5pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" color=black face="Times New Roman">Other intangible assets</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="13%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 1.15pt 0pt 0in" align=center><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" color=black face="Times New Roman">2-10</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">In 2006,
Telkomsel was granted the right to operate the 3G license (Note 13.iii).
Telkomsel is required to pay an up-front fee and annual rights of usage (&#8220;Biaya
Hak Penggunaan&#8221; or &#8220;BHP&#8221;) fees for the next ten years (Notes 44a.ii and 48c.i).
The up-front fee is recorded as an intangible asset and amortized using the
straight-line method over the term of the right to operate the 3G license
(10&nbsp;years). Amortization commenced in 2006 when the assets attributable to
the provision of the related services became available for use. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Based on
management interpretation of the license conditions and the written confirmation
from the DGPT, the license may be returned at any time without any financial
obligation to pay the remaining outstanding annual BHP fees. Accordingly,
Telkomsel recognizes the annual BHP fees as an expense when incurred. Management
evaluates its plan to continue to use the license on an annual basis.
</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">k.&nbsp;&nbsp;&nbsp;&nbsp; Property, plant and equipment
- direct acquisitions</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The cost
of the assets include: (a) purchase price, (b) any costs directly attributable
to bringing the asset to its location and condition and (c) the initial estimate
of the costs of dismantling and removing the item and restoring the site on
which it is located. Each part of an item of property, plant and equipment with
a cost that is significant in relation to the total cost of the item shall be
depreciated separately. The residual value and the useful life of an asset
should be reviewed at least at each financial year-end.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Property,
plant and equipment directly acquired are stated at cost, less accumulated
depreciation and impairment losses.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Property,
plant and equipment, except land, are depreciated using the straight-line
method, based on the estimated useful lives of the assets as follows:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 96.76%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="87%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><B><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="13%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 2.65pt 0pt 0in" align=center><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" color=black face="Times New Roman">Years</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="87%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 22.5pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" color=black face="Times New Roman">Buildings</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="13%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" color=black face="Times New Roman">20-40</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="87%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 22.5pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" color=black face="Times New Roman">Leasehold improvements</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="13%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" color=black face="Times New Roman">3-7</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="87%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 22.5pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" color=black face="Times New Roman">Switching equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="13%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" color=black face="Times New Roman">5-15</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="87%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 22.5pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" color=black face="Times New Roman">Telegraph, telex and data communication
      equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="13%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" color=black face="Times New Roman">5-15</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="87%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 22.5pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" color=black face="Times New Roman">Transmission installation and
    equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="13%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" color=black face="Times New Roman">5-25</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="87%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 22.5pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" color=black face="Times New Roman">Satellite, earth station and
equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="13%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" color=black face="Times New Roman">3-20</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="87%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 22.5pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" color=black face="Times New Roman">Cable network</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="13%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" color=black face="Times New Roman">5-25</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="87%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 22.5pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" color=black face="Times New Roman">Power supply</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="13%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" color=black face="Times New Roman">3-10</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="87%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 22.5pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" color=black face="Times New Roman">Data processing equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="13%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" color=black face="Times New Roman">3-10</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="87%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 22.5pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" color=black face="Times New Roman">Other telecommunications peripherals</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="13%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25pt; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" color=black face="Times New Roman">5</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="87%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 22.5pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" color=black face="Times New Roman">Office equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="13%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" color=black face="Times New Roman">2-5</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="87%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 22.5pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" color=black face="Times New Roman">Vehicles</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="13%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" color=black face="Times New Roman">5-8</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="87%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 22.5pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" color=black face="Times New Roman">Other equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="13%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" color=black face="Times New Roman">5</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">28</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_31></A>
<a name="_bclPageBorder33"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">k.&nbsp;&nbsp;&nbsp;&nbsp; Property, plant and equipment
- direct acquisitions </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Pursuant
to PSAK 16R, starting January 1, 2010, the Company has changed the estimated
useful lives of office and installation buildings (included in buildings) from
20 years to 40 years, Submarine Cable Communication System/Fiber Optic
Communication System (included in transmission installation and equipment) from
20 years to 25 years and antenna and towers (included in transmission
installation and equipment, and satellite, earth station and equipment) from 15
years to 20 years, based on the review of the useful lives of the assets in the
telecommunications industry that is similar to the Company and the usage
expectation based on technical specification. The effect of the changes was
accounted for prospectively and resulted in a reduction in the expense charged
to the 2010 consolidated statement of comprehensive income (Note
11d.iii).</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Since
January 1, 2011, the Company and its subsidiaries have adopted PSAK 48 (Revised
2009), &#8220;Impairment of Assets&#8221; and ISAK 17, &#8220;Interim Financial Statements and
Impairment of Assets&#8221;, which became effective for financial statement periods
beginning on or after January 1, 2011, the Company and its subsidiaries have
adopted the PSAK and ISAK and applied it prospectively. The Company and its
subsidiaries periodically evaluate its property, plant and equipment for
impairment, whenever events and circumstances indicate that the carrying amount
of the assets may not be recoverable. When the carrying amount of an asset
exceeds its estimated recoverable amount, the asset is written-down to its
estimated recoverable amount, which is determined based upon the greater of its
net selling price or value in use.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Spare
parts and servicing equipment are carried as inventory and recognized in profit
or loss as consumed. Major spare parts and stand-by equipment that are expected
to be used for more than 12&nbsp;months are recorded as part of property, plant
and equipment. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Since
January 1, 2011, the Company and its subsidiaries have adopted PSAK 58 (Revised
2009), &#8220;Non Current Assets Held for Sale and Discontinued Operations&#8221;, which
became effective for financial statement periods beginning on or after January
1, 2011, the Company and its subsidiaries have adopted the PSAK and applied it
prospectively. When assets are retired or otherwise disposed of, their cost and
the related accumulated depreciation are eliminated from the consolidated
financial statements, and the resulting gains or losses on the disposal or sale
of property, plant and equipment are recognized in the consolidated statement of
comprehensive income.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Certain
computer hardware can not be used without the availability of certain computer
software. In such circumstance, the computer software is recorded as part of the
computer hardware. If any computer software is independent from its computer
hardware, it is recorded as part of intangible assets.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
cost of maintenance and repairs is charged to the consolidated statement of
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">comprehensive&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> income as incurred.
Significant renewals and betterments are capitalized.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">29</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_32></A>
<a name="_bclPageBorder34"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">2.&nbsp;&nbsp;&nbsp;&nbsp; SUMMARY OF SIGNIFICANT
ACCOUNTING POLICIES </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">k.&nbsp;&nbsp;&nbsp;&nbsp; Property, plant and equipment
- direct acquisitions </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Property
under construction is stated at cost until construction is completed, at which
time it is reclassified to the specific property, plant and equipment account to
which it relates. During the construction period until the property is ready for
its intended use or sale, borrowing costs, which include interest expense and
foreign currency exchange differences incurred to finance the construction of
the asset, are capitalized in proportion to the average amount of accumulated
expenditures during the period. Capitalization of borrowing cost ceases when the
construction has been completed and the asset is ready for its intended
use.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Equipment
temporarily unused is reclassified into equipment not used in operation and
depreciated over their estimated useful life using straight-line
method.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Assets
that meet the criteria to be classified as held for sale are reclassified from
fixed assets and depreciation on such assets is ceased.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">l.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Property, plant and
equipment under finance leases </FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">A lease is
classified as a finance lease or operating lease based on the substance not the
form of the contract. Property, plant and equipment under finance lease is
recognized if the lease transfers substantially all the risks and rewards
incidental to ownership. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Finance
leases are recognized as assets and liabilities in the statement of financial
positions as the amounts equal to the fair value of the leased property or, if
lower, the present value of the minimum lease payments. Any initial direct costs
of the Company and its subsidiaries are added to the amount recognized as an
asset.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Minimum
lease payments shall be apportioned between the finance charge and the reduction
of the outstanding liability. The finance charge shall be allocated to each
period during the lease term so as to produce a constant periodic rate of
interest on the remaining balance of the liability. Contingent rents shall be
charged as expenses in the periods in which they are incurred.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Leased
assets are depreciated using the same method over the shorter of the lease term
and their economic useful life.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Leasing
arrangements that do not meet the above criteria are accounted for as operating
leases for which payments are charged as an expense on the straight-line basis
over the lease period.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=FI color=black face="Times New Roman">m.&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Assets
held for sale</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=FI color=black face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Assets
held for sale are measured at the lower of carrying amount and fair value less
cost to sell. Gain or loss on the measurement of the lower of carrying amount
and fair value less cost to sell is charged to consolidated statement of
comprehensive income.</FONT></P>
<P style="TEXT-ALIGN: center">30</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">2.&nbsp;&nbsp;&nbsp;&nbsp; SUMMARY OF SIGNIFICANT
ACCOUNTING POLICIES </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">n.&nbsp;&nbsp;&nbsp;&nbsp; Deferred charges for land
rights</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 45pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Costs
incurred to process and extend land rights are deferred and amortized using
the&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; straight-line method over the term of
the land rights.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">o.&nbsp;&nbsp;&nbsp;&nbsp; Foreign currency
translation</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The
functional currency of the Company and its subsidiaries is the Indonesian Rupiah
and the accounting records of the Company and its subsidiaries are maintained in
Indonesian Rupiah. Transactions in foreign currencies are translated into
Indonesian Rupiah at the rates of exchange prevailing at transaction date. At
the consolidated statement of financial position date, monetary assets and
monetary liabilities balances denominated in foreign currencies are translated
into Indonesian Rupiah based on the buy and sell rates quoted by Reuters
prevailing at the consolidated statement of financial position date </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">as
follows:</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 96.76%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="72%" colSpan=7>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">The
      Company and its subsidiaries</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="35%" colSpan=3>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">December 31,
      </FONT></B><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2010&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="36%" colSpan=3>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">September 30,
      </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">2011&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Buy</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Sell</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Buy</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Sell</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">United
      States Dollars (&#8220;US$&#8221;) 1</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9,005</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9,015</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,780</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,800</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Euro
      1</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">12,011</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">12,025</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">11,888</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">11,919</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Yen
      1</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">110.68</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">110.82</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">114.23</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">114.54</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The
resulting foreign exchange gains or losses, realized and unrealized, are
credited or charged to the consolidated statement of comprehensive income of the
current year, except for foreign exchange differences incurred on borrowings
during the construction of qualifying assets which are capitalized to the extent
that the borrowings can be attributed to the construction of those qualifying
assets (Note&nbsp;2k).</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">p.&nbsp;&nbsp;&nbsp;&nbsp; Revenue and expense
recognition</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Since
January 1, 2011, the Company and its subsidiaries have adopted PSAK 23 (Revised
2010), &#8220;Revenue&#8221; and ISAK 10 &#8220;Customer Loyalty Program&#8221;, which became effective
for financial statement periods beginning on or after January 1, 2011 and is
applied prospectively.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">i.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Implementation of
</FONT></I><I><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">PPSAK 1 &#8220;Withdrawal of PSAK 35 (Accounting for
Telecommunication Services)&#8221;</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">In
June 2009, the Indonesian Financial Accounting Standard Board (&#8220;Dewan Standar
Akuntansi Keuangan&#8221; or &#8220;DSAK&#8221;) issued Statement of Withdrawal of Financial
Accounting Standard No. 1 (PPSAK 1), effective for financial statement periods
beginning on or after January 1, 2010.&nbsp; PPSAK 1, among other things,
revokes PSAK 35 &#8220;Accounting for Revenue from Telecommunications Services&#8221;. The
Company and its subsidiaries adopted PPSAK 1 starting January 1, 2010 and
applied retrospectively.The effect of such implementation include:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">31</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_34></A>
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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">2.&nbsp;&nbsp;&nbsp;&nbsp; SUMMARY OF SIGNIFICANT
ACCOUNTING POLICIES </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">p.&nbsp;&nbsp;&nbsp;&nbsp; Revenue and expense
recognition </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in; punctuation-wrap: simple"><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">i.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Implementation of
</FONT></I><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">PPSAK 1 &#8220;Withdrawal of PSAK 35
(Accounting for Telecommunication Services)&#8221;</FONT></I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> (continued)</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">presentation of the interconnection revenues from a &#8220;net&#8221;
to a &#8220;gross&#8221; basis; </FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">reclassification of outgoing calls to other operators
from interconnection revenues to telephone revenues; </FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">deferral of the installation and connection revenues
including incremental costs and recognized as income over the expected term of
the customer relationships (Notes 2p.ii and 2p.iii); and </FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">recognition of Revenue-Sharing Arrangements (&#8220;RSA&#8221;) in a
manner similar to capital leases where the property, plant and equipment and
obligation under RSA are reflected on the consolidated </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">statement
of financial position</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> as &#8220;Property, plant and equipment&#8221; and
&#8220;RSA liabilities under capital lease&#8221;, respectively. All revenues generated from
the RSA are recorded as a component of operating revenues, while a portion of
the investors&#8217; share of the revenues from the RSA is recorded as interest
expense with the balance treated as a reduction of the obligation under
RSA.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">As a
result of the changes, the comparative figures in the consolidated financial
statements have been restated as follow</FONT><FONT style="BACKGROUND: white; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">:&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></B></P>
<DIV align=left>
<TABLE style="WIDTH: 95.14%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="51%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Before restatement</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Restatement</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">After restatement</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 26.1pt">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 26.1pt; PADDING-TOP: 0in" vAlign=top width="51%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><B><FONT style="TEXT-TRANSFORM: uppercase; FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Consolidated STATEMENT OF
      COMPREHENSIVE INCOME for NINE MONTHS PERIOD ended </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">SEPTEMBER 30</FONT></B><B><FONT style="TEXT-TRANSFORM: uppercase; FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">, 2010:</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 26.1pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="TEXT-TRANSFORM: uppercase; FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 26.1pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="TEXT-TRANSFORM: uppercase; FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 26.1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="TEXT-TRANSFORM: uppercase; FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 26.1pt; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="TEXT-TRANSFORM: uppercase; FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 26.1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="TEXT-TRANSFORM: uppercase; FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 26.1pt; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="TEXT-TRANSFORM: uppercase; FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 26.1pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="TEXT-TRANSFORM: uppercase; FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="51%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Operating Revenues</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">52,122,352</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">(813,455</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">51,308,897</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="51%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Operating Expenses</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">(34,928,218</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">813,455</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">(34,114,763</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="51%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Other Expenses</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">(715,298</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">35,980</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">(679,318</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="51%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Income Before Tax</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">16,478,836</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">35,980</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">16,514,816</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="51%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Tax
      Expense</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">(4,322,212</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">(8,995</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">(4,331,207</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="51%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Income For The Period</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">12,156,624</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">26,985</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">12,183,609</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="51%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Basic Earnings Per Share</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="51%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Net income per share</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">454.17</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">1.38</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">455.55</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="51%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Net income per ADS</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="51%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">(40 Series B shares per ADS)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">18,166.80</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">55.20</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">18,222.00</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center">32</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_35></A>
<a name="_bclPageBorder37"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">2.&nbsp;&nbsp;&nbsp;&nbsp; SUMMARY OF SIGNIFICANT
ACCOUNTING POLICIES </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">p.&nbsp;&nbsp;&nbsp;&nbsp; Revenue and expense
recognition </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">ii.&nbsp;&nbsp;&nbsp; Fixed line telephone
revenues</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 49.5pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Revenues
from fixed line installations </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">are deferred including incremental costs
and recognized as income over the expected term of the customer
relationships.</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> Revenues from usage charges are recognized as customers
incur the charges. Monthly subscription charges are recognized as revenues when
incurred by subscribers. </FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">iii.&nbsp;&nbsp; Cellular and fixed wireless telephone
revenues </FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Revenues
from postpaid service, which consist of usage and monthly charges, are
recognized as follows:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=Symbol>&#183;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Connection fees for service connection </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">are
deferred including incremental costs and recognized as income over the expected
term of the customer relationships</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">. &nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=Symbol>&#183;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Airtime and charges for value added services are
recognized based on usage by subscribers.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Monthly subscription charges are recognized as revenues
when incurred by subscribers.</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> &nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Revenues
from prepaid card subscribers, which consist of the sale of starter packs
(also&nbsp;known as SIM cards in the case of cellular and RUIM in the case of
fixed wireless telephone and start-up load vouchers) and pulse reload vouchers,
are recognized as follows:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=Symbol>&#183;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Sale of SIM and RUIM cards are recognized as revenue upon
delivery of the starter packs to distributors, dealers or directly to
customers.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=Symbol>&#183;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Sale of pulse reload vouchers (either bundled in starter
packs or sold as separate items) are recognized initially as unearned income and
recognized proportionately as usage revenue based on duration and total of
successful calls made and the value added services used by the subscribers or
the expiration of the unused stored value of the voucher.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=Symbol>&#183;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Unutilized promotional credits are netted against
unearned income.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Revenues
under Universal Service Obligation (&#8220;USO&#8220;) arrangement are recognized when
telecommunication access is ready and the services are rendered.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">iv.&nbsp;&nbsp;&nbsp; Interconnection revenues
</FONT></I></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
revenues from network interconnection with other domestic and international
telecommunications carriers are recognized as earned in accordance with
contractual agreements. Interconnection revenues consist of revenues derives
from other operator&#8217;s subscriber call to the Company and its subsidiary
operator&#8217;s subscribers (incoming) and calls between subscribers of other
operators through the Company and its subsidiary&#8217;s network (transit).
</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">33</P></DIV>
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<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_36></A>
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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">2.&nbsp;&nbsp;&nbsp;&nbsp; SUMMARY OF SIGNIFICANT
ACCOUNTING POLICIES </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">p.&nbsp;&nbsp;&nbsp;&nbsp; Revenue and expense
recognition </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">v.&nbsp;&nbsp;&nbsp;&nbsp; Data, internet and information
technology services revenues </FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Revenues from data communication and internet are
recognized based on usage.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Revenues
from sales, installation and implementation of computer software and hardware,
computer data network installation service and installation are recognized
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">when the goods rendered to customers</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> or the
installation take place.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Revenue
from computer software development service is recognized using the percentage of
completion method.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt 0.25in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">vi.&nbsp;&nbsp;&nbsp; Revenues from
network</FONT></I></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Revenues
from network consist of revenues from leased lines and satellite transponder
leases which is recognized over the period in which the services are
rendered.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.75in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">vii.&nbsp;
Other telecommunications services revenues</FONT></I></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Revenues from
other telecommunications services consist of RSA and sales of other
telecommunication services or goods. </FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
RSA are recorded in a manner similar to capital leases where the property, plant
and equipment and obligation under RSA are reflected on the consolidated
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">statement of financial position</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">. All
revenues generated from the RSA are recorded as a component of operating
revenues, while a portion of the investors&#8217; share of the revenues from the RSA
is recorded as interest expense with the balance treated as a reduction of the
obligation under RSA.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Revenues
from sales of other telecommunication services or goods are recognized upon
completion of services and or delivery of goods to customers. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">viii.
Expenses </FONT></I></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -21.25pt; MARGIN: 0in 0in 0pt 70.9pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Expenses are recognized on an accruals basis. </FONT></P>
<P style="TEXT-ALIGN: left; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 27pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: left; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 27pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">q.&nbsp;&nbsp;&nbsp;&nbsp; Employee
benefits</FONT></B></P>
<P style="TEXT-ALIGN: left; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 27pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 45pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">i.</FONT></I><I><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="Times New Roman">&nbsp;&nbsp; </FONT></I><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Pension
and post-retirement health care benefit plans</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The net
obligations in respect of the defined pension benefit and post-retirement health
care benefit plans are calculated at the present value of estimated future
benefits that the employees have earned in return for their service in the
current and prior periods, less the fair value of plan assets and as adjusted
for unrecognized actuarial gains or losses and unrecognized past service cost.
The calculation is performed by an independent actuary using the projected unit
credit method. The present value of the defined benefit obligation is determined
by discounting the estimated future cash outflows using government bond interest
rates considering currently there is no deep market for high quality corporate
bonds that have terms to maturity approximating the terms of the related
liability. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">34</P></DIV>
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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">2.&nbsp;&nbsp;&nbsp;&nbsp; SUMMARY OF SIGNIFICANT
ACCOUNTING POLICIES </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">q.&nbsp;&nbsp;&nbsp;&nbsp; Employee benefits
</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">i.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pension and
post-retirement health care benefit plans </FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Actuarial
gains or losses arising from experience adjustments and changes in actuarial
assumptions, when exceeding the greater of 10% of present value defined benefit
obligation or 10% of fair value of plan assets, are charged or credited to the
consolidated statements of comprehensive income over the average remaining
service lives of the relevant employees. Prior service cost is recognized
immediately if vested or amortized over the vesting period.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">For
defined contribution plans, the regular contributions constitute net periodic
costs for the year in which they are due and as such are included in staff
costs. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">ii.</FONT></I><I><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></I><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Long Service Awards (&#8220;LSA&#8221;) and Long Service Leave
(&#8220;LSL&#8221;)</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Employees
of subsidiary are entitled to receive certain cash awards </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">or
certain numbers of days leave benefits</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> based on length of service
requirements. LSA are either paid at the time the employees reach certain
anniversary dates during employment, or at the time of termination. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">LSL is
either a certain number of days leave benefit or cash, subject to approval by
management, provided to employee who has met the requisite number of years of
service and with a certain minimum age.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Actuarial
gains or losses arising from experience and changes in actuarial assumptions are
charged immediately to the consolidated statements of comprehensive
income.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The
obligation with respect to LSA and LSL is calculated by an independent actuary
using the projected unit credit method.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">iii.&nbsp;&nbsp; Early retirement benefits</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 8pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Early
retirement benefits are accrued at the time the Company makes a commitment to
provide early retirement benefits as a result of an offer made in order to
encourage voluntary redundancy. A commitment to a termination arises when, and
only when a detailed formal plan for the early retirement cannot be
withdrawn.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 8pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">iv.&nbsp;&nbsp;&nbsp; Pre-retirement
benefits</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="FONT-SIZE: 8pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Employees of
the Company are entitled to a benefit during a pre-retirement period in which
they are inactive for 6 months prior to their normal retirement age of 56 years.
During the pre-retirement period, the employees still receive benefits provided
to active employees, which include, but are not limited to regular salary,
health care, annual leave, bonus and other benefits. Benefits provided to
employees which enter pre-retirement period are calculated by an independent
actuary using the projected unit credit method.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 8pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.5in; MARGIN: 0in 0in 0pt 1in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">v.</FONT></I><I><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></I><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Other post-retirement benefits</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Employees
are entitled to home leave passage benefits and final housing facility benefits
to their retirement age of 56 years. Those benefits are calculated by an
independent actuary using the projected unit credit method.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Gains or
losses on curtailment are recognized when there is a commitment to make a
material reduction in the number of employees covered by a plan or when there is
an amendment of a defined benefit plan terms such as that a material element of
future services to be provided by current employees will no longer qualify for
benefits, or will qualify only for reduced benefits.</FONT></P>
<P style="TEXT-ALIGN: center">35</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_38></A>
<a name="_bclPageBorder40"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">2.&nbsp;&nbsp;&nbsp;&nbsp; SUMMARY OF SIGNIFICANT
ACCOUNTING POLICIES </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">q.&nbsp;&nbsp;&nbsp;&nbsp; Employee benefits
</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Gains or
losses on settlement are recognized when there is a transaction that eliminates
all further legal or constructive obligation for part or all of the benefits
provided under a defined benefit plan. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">r.&nbsp;&nbsp;&nbsp;&nbsp; Income tax</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">
&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The
Company and its subsidiaries recognize deferred tax assets and liabilities for
temporary differences between the financial and tax bases of assets and
liabilities at each reporting date. The Company and its subsidiaries also
recognize deferred tax assets resulting from the recognition of future tax
benefits, such as the benefit of tax losses carried forward, to the extent their
future realization is probable. Deferred tax assets and liabilities are measured
using enacted tax rates and tax laws at each reporting date which are expected
to apply to taxable income in the years in which those temporary differences are
expected to be recovered or settled. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Income tax
is charged or credited to the consolidated statement of comprehensive income,
except to the extent that it relates to items recognized directly in equity,
such as the difference in value arising from restructuring transactions and
other transactions between entities under common control and the effect of
foreign currency translation adjustment for certain investments in associated
companies, in which case income tax is also charged or credited directly to
equity.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Current
tax assets and liabilities are measured at the amount expected to be recovered
or paid using the tax rates and tax laws that have been enacted at each
reporting date.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Amendment
to taxation obligations are recorded when an assessment is received or if
appealed against, when the results of the appeal are determined.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Deferred
tax assets and liabilities are offset in the consolidated statement of financial
positions, except if these are for different legal entities, in the same manner
the current tax assets and liabilities are presented.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">s.&nbsp;&nbsp;&nbsp;&nbsp; Financial
instruments</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The
Company and its subsidiaries classify financial instruments into financial
assets and financial liabilities.</FONT></P>
<P style="TEXT-ALIGN: center">36</P></DIV>
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<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_39></A>
<a name="_bclPageBorder41"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">2.&nbsp;&nbsp;&nbsp;&nbsp; SUMMARY OF SIGNIFICANT
ACCOUNTING POLICIES </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">s.&nbsp;&nbsp;&nbsp;&nbsp; Financial instruments
</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face=Arial,sans-serif>i.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Financial
assets </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The
Company and its subsidiaries classify their financial assets as (i) financial
assets at fair value through profit and loss, (ii) loans and receivables, (iii)
held-to-maturity financial assets or (iv) available-for-sale financial assets.
The classification depends on the purpose for which the financials assets were
acquired. Management determines the classification of its financial assets at
initial recognition.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">a.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Financial assets at fair value through profit or
loss</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Financial
assets at fair value through profit or loss are financial assets classified as
held for trading. A financial asset is classified as held for trading if it is
acquired principally for the purpose of selling or repurchasing it in the near
term and for which there is evidence of a recent actual pattern of short term
profit taking. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Financial assets at fair value through profit or loss
consist of trading securities which are recorded as temporary
investment.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">b.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Loans and receivables</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Loans
and receivables are non-derivative financial assets with fixed or determinable
payments that are not quoted in an active market. Loans and receivables consist
of, among other things, trade receivables, other receivables, other current
financial assets and other non-current financial assets.</FONT></P>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">c.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;Held-to-maturity financial assets</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Held-to-maturity investments are non-derivative financial
assets with fixed or determinable payments and fixed maturities that management
has the positive intention and ability to hold to maturity, other
than:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">a)</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">those that the Company upon initial recognition
designates as at fair value through profit or loss;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">b)</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">those that the Company designates as available for sale;
and</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">c)</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">those that meet the definition of loans and
receivables.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">These
are initially recognized at fair value including transaction costs and
subsequently measured at amortized cost, using the effective interest
method.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">No
financial assets were classified as held-to-maturity financial assets as of
September 30, 2010 and 2011.</FONT></P>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">d.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Available-for-sale financial assets</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Available-for-sale investments are non-derivative
financial assets that are intended to be held for indefinite period of time,
which may be sold in response to needs for liquidity or changes in interest
rates, exchange rates or that are not classified as loans and receivables,
held-to maturity investments or financial assets at fair value through profit or
loss. Available for sale financial assets consist of available for sale
securities which are recorded as temporary investment.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
Company and its subsidiaries use settlement date accounting for regular
purchases and sales of financial assets.</FONT></P>
<P style="TEXT-ALIGN: center">37</P></DIV>
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<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_40></A>
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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">2.&nbsp;&nbsp;&nbsp;&nbsp; SUMMARY OF SIGNIFICANT
ACCOUNTING POLICIES </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">s.&nbsp;&nbsp;&nbsp;&nbsp; Financial instruments
</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">ii.&nbsp;&nbsp;&nbsp;&nbsp; Financial liabilties
</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The
Company and its subsidiaries classify their financial liabilities as (i)
financial liabilities at fair value through profit or loss or (ii) financial
liabilities measured at amortized cost.</FONT></P>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">a.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Financial liabilities at fair value through profit or
loss</FONT></P>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Financial
liabilities at fair value through profit or loss are financial liabilities
classified as held for trading. A financial liability is classified as held for
trading if it is acquired principally for the purpose of selling or repurchasing
it in the near term and for which there is evidence of a recent actual pattern
of short term profit taking. </FONT></P>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">No
financial liabilities were categorized as held for trading as of September 30,
2010 and 2011.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">b.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Financial liabilities measured at amortized
cost</FONT></P>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Financial
liabilities that are not classified as at fair value through profit and loss
fall into this category and are measured at amortized cost. Financial
liabilities measured at amortized cost are among other things, trade payables,
other payables, accrued expenses, loans, bonds and notes.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 27pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 27pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">t.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Treasury
Stock</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Reacquired
Company&#8217;s stock is accounted for at its reacquisition cost and classified as
&#8220;Treasury Stock&#8221; and presented as a deduction to stockholders&#8217; equity. The cost
of treasury stock sold is accounted for using the weighted average method. The
difference resulting from the cost and the proceeds from the sale of treasury
stock is credited to &#8220;Paid-in Capital&#8221;.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">u.&nbsp;&nbsp;&nbsp;&nbsp; Dividends</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Dividend
distribution to the Company&#8217;s stockholders is recognized as liability in the
Company&#8217;s consolidated financial statements in the period in which the dividends
are approved by the Company&#8217;s stockholders. For interim dividends, the Company
recognized them as liability based on the Board of Director&#8217;s decision with the
approval from the Board of Commissioners.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 27pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">v.&nbsp;&nbsp;&nbsp;&nbsp; Earnings per share and
earnings per ADS</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 27pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Basic
earnings per share are computed by dividing income for the period attributable
to owners of the parent by the weighted average number of shares outstanding
during the year. Income per ADS is computed by multiplying basic earnings per
share by 40, the number of shares represented by each ADS.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">w.&nbsp;&nbsp;&nbsp; Segment information</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Since
January 1, 2011, the Company and its subsidiaries have adopted </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">PSAK 5
(Revised 2009), &#8220;Operating Segments&#8221;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">, which became effective for
financial statement periods beginning on or after January 1, 2011 and is applied
prospectively.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">38</P></DIV>
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<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_41></A>
<a name="_bclPageBorder43"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">2.&nbsp;&nbsp;&nbsp;&nbsp; SUMMARY OF SIGNIFICANT
ACCOUNTING POLICIES </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">w.&nbsp;&nbsp;&nbsp; Segment information </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The
Company and its subsidiaries' segment information is presented based upon
identified operating segment. An operating segment is a component of an entity:
a) </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-AU color=windowtext face="Times New Roman">that engages in business activities from which it may
earn revenues and incur expenses (including revenues and expenses relating to
transactions with other components of the same entity); b) whose operating
results are regularly reviewed by the entity's chief operating decision maker to
make decisions about resources to be allocated to the segment and assess its
performance, and c) for which discrete financial information is
available</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">.&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">x.&nbsp;&nbsp;&nbsp;&nbsp; Use of
estimates</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Since
January 1, 2011, the Company and its subsidiaries have adopted </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">PSAK 57
(Revised 2009), &#8220;Provisions, Contingent Liabilities and Contingent
Assets&#8221;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">, which became effective for financial statement periods
beginning on or after January 1, 2011 and is applied prospectively.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The
preparation of the consolidated financial statements requires management to make
estimates and assumptions that affect the reported amounts of assets and
liabilities, disclosures of contingent assets and liabilities at the date of the
consolidated financial statements and the reported amounts of revenues and
expenses during the reporting period. Significant items subject to such
estimates and assumptions include the carrying amount of property, plant and
equipment and intangible assets, the valuation allowance for receivables and
obligations related to employee benefits. Actual results could differ from those
estimates. In determining some estimates,</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">management
utilizes the work of </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">third&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> party
specialists as required. In using specialists to assist with models and
calculations, management reviews the underlying assumptions and assesses the
corresponding calculations for reasonableness in the context of the
circumstances of the Company.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">3.&nbsp;&nbsp;&nbsp;&nbsp; TRANSLATION OF RUPIAH INTO
UNITED STATES DOLLARS</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -27pt; MARGIN: 0in 0in 0pt 27pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The consolidated financial statements are stated in
Indonesian Rupiah (&#8220;Rupiah&#8221;). The translations of Indonesian Rupiah amounts into
U.S. Dollars are included solely for the convenience of the readers and have
been made using the average of the market buy and sell rates of Rp.8,790 to US$1
as published by Reuters on September 30, 2011. The convenience translations
should not be construed as representations that the Indonesian Rupiah amounts
have been, could have been, or could in the future be, converted into United
States Dollars at this or any other rate of exchange.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="TEXT-TRANSFORM: uppercase; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center">39</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_42></A>
<a name="_bclPageBorder44"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="TEXT-TRANSFORM: uppercase; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">4.&nbsp;&nbsp;&nbsp; acquisitions OF ad
medika</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">On
January 25, 2010, Metra entered into a CSPA with Ad Medika&#8217;s stockholders, Ravi
Varma Kanason, Sofian Susantio, Arthur Tahya (PT Swadayanusa Kencana Raharja)
dan Shia Kok Fat, each of which is a third party, to purchase 75% of Ad Medika&#8217;s
outstanding shares. Subsequently, on February 25, 2010, Metra entered into SPA
with Ad Medika&#8217;s stockholders for the share purchase transaction with
acquisition cost amounting to Rp.130,077&nbsp;million (including consultant fee)
(Note 1d.b).</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Ad
Medika is an electronic health care network company. Ad Medika is the largest
health service administration management company in Indonesia. Through the
acquisition, the Company began providing services through Insure Net as an
initial National e-Health program. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
acquisition of Ad Medika has been accounted for using the purchase method of
accounting, where the purchase price was allocated to the fair value of the
acquired assets and assumed liabilities. The allocation of the acquisition cost
was as follows:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 98.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="83%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="83%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">The assets
      and liabilities arising from the acquisition are as follows:</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="83%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Current
      assets</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">26,404</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="83%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Property,
      plant and equipments</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">17,110</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="83%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Intangible
      assets</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">45,591</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="83%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Current
      liabilities</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(22,057</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="83%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Long-term
      liabilities</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(8,143</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="83%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Deferred
      tax liabilities</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(9,919</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="83%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Non-controlling interests</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(4,145</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="83%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Fair value
      of net assets acquired</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">44,841</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="83%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Goodwill</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">85,236</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="83%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total
      purchase consideration</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">130,077</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="83%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Less:</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="83%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Cash and
      cash equivalents in subsidiary acquired</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(13,574</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="83%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Cash
      outflow from acquisition</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">116,503</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Metra
acquired control of Ad Medika on February 25, 2010 and the valuation was
performed by an independent appraisal using the </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">statement
of financial position</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> amount as of February 28, 2010, being
the nearest convenient </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">statement of financial position</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">
date. The Company&#8217;s consolidated results of operations have included the
operating results of Ad Medika since March 1, 2010. The intangible assets
acquired included customer contracts and backlog, non contractual customer
relationships, trademarks and tradenames, and a non compete agreement (Note
13).</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center">40</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_43></A>
<a name="_bclPageBorder45"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">5.&nbsp;&nbsp;&nbsp;&nbsp; CASH AND CASH
EQUIVALENTS</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 98.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="66%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 5pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 5pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December 31,</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 6pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 6pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September 30,</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 6pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="66%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Cash on
      hand</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,213</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">24,735</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Cash in
      banks</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Related parties</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rupiah</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">PT Bank Negara Indonesia (Persero) Tbk
      (&#8220;BNI&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">198,680</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">380,139</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">PT Bank Mandiri (Persero) Tbk (&#8220;Bank
      Mandiri&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">439,348</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">247,768</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">PT Bank Rakyat Indonesia (Persero) Tbk
      (&#8220;BRI&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">6,405</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">77,189</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">PT Bank Tabungan Negara (Persero) Tbk
      (&#8220;BTN&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">450</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">11,892</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">PT Bank Syariah Mandiri (&#8220;BSM&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">999</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">3,443</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">645,882</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">720,431</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Foreign currencies</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Bank Mandiri</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">169,132</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">157,167</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">BNI</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">57,005</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">17,967</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">BRI</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">891</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">988</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">BSM</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">165</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">49</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">227,193</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">176,171</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Sub-total</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">873,075</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">896,602</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Third
      parties</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rupiah</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">PT Bank CIMB Niaga Tbk (&#8221;Bank CIMB
      Niaga&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">8,369</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">37,806</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=DE color=windowtext face="Times New Roman">Deutsche Bank AG (&#8220;DB&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DE color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DE color=windowtext face="Times New Roman">27,556</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DE color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DE color=windowtext face="Times New Roman">18,423</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DE color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">PT Bank Central Asia Tbk (&#8220;BCA&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">12,076</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">14,966</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">PT Bank Internasional Indonesia Tbk
      (&#8220;BII&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">21,245</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">14,421</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">PT Bank Danamon Indonesia Tbk (&#8220;Bank
      Danamon&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">12</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">14,163</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">PT Bank Ekonomi Raharja Tbk (&#8220;Bank
      Ekonomi&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">15,018</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">10,771</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">Citibank, N.A. (&#8220;Citibank&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">308</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">7,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">PT Bank Bukopin Tbk (&#8220;Bank Bukopin&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">2,529</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">2,402</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">PT Bank Permata Tbk</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">7,753</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">1,650</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">PT Bank Perkreditan Rakyat Karyajatnika
      Sadaya</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">1,326</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">1,511</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">PT Bank Pembangunan Daerah Jawa Timur</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">2,607</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">1,146</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">PT Bank ICB Bumiputera Tbk (&#8220;Bank
      Bumiputera&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">1,169</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">843</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">The Royal Bank of Scotland N.V. (previously ABN
      AMRO Bank)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">99,287</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">52</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Others (each below Rp.1 billion)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,952</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,421</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">201,207</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">127,575</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Foreign
      currencies</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: center">41</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_44></A>
<a name="_bclPageBorder46"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">5.&nbsp;&nbsp;&nbsp;&nbsp; CASH AND CASH EQUIVALENTS
</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 98.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="66%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31,</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30,</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="66%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Cash in
      banks (continued)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Third parties (continued)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Foreign currencies</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">The Hongkong and Shanghai Banking Corporation
      Ltd.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">38,490</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">86,485</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Bank Ekonomi</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">17,035</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">26,808</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Citibank, N.A. (&#8220;Citibank&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,513</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,283</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">DB</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">8,758</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">8,141</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">Bank CIMB Niaga</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">517</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">2,223</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">BII</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">174</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">768</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Others (each below Rp.1 billion)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,678</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">829</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">75,165</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">133,537</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Sub-total</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">276,372</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">261,112</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total cash
      in banks</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,149,447</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,157,714</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Time
      deposits</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Related parties</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rupiah</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">BRI</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,223,735</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,231,047</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">BNI</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,428,191</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,806,295</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Bank Mandiri</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,556,289</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">846,971</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">BTN</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">330,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">406,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">BSM</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">70,878</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">PT Bank BRI Syariah</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">30,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,538,215</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,391,191</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Foreign currencies</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">BRI</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">635,899</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">803,886</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">Bank Mandiri</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">2,317</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">87,800</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">BNI</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">393,946</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">50,951</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">1,032,162</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">942,637</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">Sub-total</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">6,570,377</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">6,333,828</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Third parties</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><SUP><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><SUP><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rupiah</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><SUP><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><SUP><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Standard Chartered Bank</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">300,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">PT Bank Mega Tbk (&#8220;Bank Mega&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">176,850</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">200,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">PT Bank Tabungan Pensiunan Nasional
    Tbk</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">116,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">185,577</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">Bank Bukopin</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">173,755</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">161,755</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">PT Bank Pembangunan Daerah Jawa Barat dan Banten
      (&#8220;Bank Jabar&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">495,560</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">143,060</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">PT Pan Indonesia Bank Tbk</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">95,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">105,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">PT Bank Muamalat Indonesia</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">10,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">95,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">BII</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">30,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">25,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">DB</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">300</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">14,900</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">Bank CIMB Niaga</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">165,117</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">11,617</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Bank Ekonomi</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">42</P></DIV>
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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
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<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">5.&nbsp;&nbsp;&nbsp;&nbsp; CASH AND CASH EQUIVALENTS
</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 98.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31,</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30,</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
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      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Time
      deposits (continued)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Third parties (continued)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rupiah (continued)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Bank Bumiputera</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">PT Bank Mutiara Tbk</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">PT Bank UOB Buana Tbk</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">25,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">PT Bank Yudha Bhakti</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10,500</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Bank Danamon</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">PT Bank Capital Indonesia Tbk (&#8220;Bank
      Capital&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">PT Bank Syariah Mega Indonesia (&#8220;Bank Syariah
      Mega&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">500</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,315,582</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,245,909</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Foreign currencies</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">PT OCBC NISP Tbk</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">565,670</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">Bank Ekonomi</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">14,408</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">33,364</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">DB</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,823</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Bank Bukopin</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">901</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">878</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.75in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">BCA</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">64,921</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">80,230</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">602,735</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Sub-total</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,395,812</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,848,644</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total time
      deposits</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">7,966,189</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,182,472</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Grand
      Total</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9,119,849</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9,364,921</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Interest
      rates per annum on time deposits are as follows:</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31,</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30,</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rupiah</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4.00% -
      9.50%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3.75% -
      9.25%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Foreign
      currencies</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.05% -
      4.00%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.05% -
      5.60%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
related parties which the Company and its subsidiaries place their funds are
state-owned banks. The Company and its subsidiaries placed a majority of their
cash and cash equivalents in these banks because they have the most extensive
branch network in Indonesia and are considered to be financially sound banks as
they are owned by the state.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 8pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Refer
to Note 44 for details of related party transactions. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center">43</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_46></A>
<a name="_bclPageBorder48"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">6.&nbsp;&nbsp;&nbsp;&nbsp; TRADE
RECEIVABLES</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Trade
receivables arise from services provided to both retail and non-retail
customers, with details as follows:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">a.&nbsp;&nbsp;&nbsp;&nbsp; By debtor</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><I><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp; &nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(i)&nbsp;&nbsp;&nbsp; Related parties</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><SUP><FONT style="FONT-SIZE: 11pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P>
<DIV align=left>
<TABLE style="WIDTH: 95.14%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">Government Agencies</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">759,450</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">1,116,170</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">CSM</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">91,366</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">95,543</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">Indosat</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">33,451</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">45,897</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">PT
      Patra Telekomunikasi Indonesia (&#8220;Patrakom&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">24,279</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">34,455</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">PSN</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">5,098</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">11,926</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=PL color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">PT&nbsp;Industri Telekomunikasi
    Indonesia</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">42</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">6,790</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">PT
      Graha Informatika Nusantara (&#8220;Gratika&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">6,170</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">5,053</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">Koperasi Pegawai Telkom (&#8220;Kopegtel&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">3,049</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">4,857</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">PT
      Sistelindo Mitralintas</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">4,287</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">3,014</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">PT
      Aplikanusa Lintasarta (&#8220;Lintasarta&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">1,461</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">1,809</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">PT
      Batam Bintan Telekomunikasi (&#8220;BBT&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">709</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">1,059</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Others
      (each below Rp.1 billion)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,947</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">11,976</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">931,309</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,338,549</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Allowance
      for doubtful accounts</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(151,266</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(98,329</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Net</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">780,043</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,240,220</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><SUP><FONT style="FONT-SIZE: 11pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.55pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.55pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Trade
receivables from certain related parties are presented net of the Company and
its subsidiaries&#8217; liabilities to such parties due to legal right of offset in
accordance with agreements with those parties.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(ii)&nbsp;&nbsp; Third parties</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 95.14%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30,2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Residential and business subscribers</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,480,869</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,302,307</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Overseas
      international carriers</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">376,875</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">384,367</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,857,744</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,686,674</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Allowance
      for doubtful accounts</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,294,078</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,367,479</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Net</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,563,666</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,319,195</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 40.5pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">44</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_47></A>
<a name="_bclPageBorder49"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">6.&nbsp;&nbsp;&nbsp;&nbsp; TRADE RECEIVABLES
</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">b.&nbsp;&nbsp;&nbsp;&nbsp; By age</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(i)&nbsp;&nbsp;&nbsp; Related parties</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><SUP><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P>
<DIV align=left>
<TABLE style="WIDTH: 95.14%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Up to 6
      months</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">559,699</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">870,706</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">7 to 12
      months</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">157,534</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">278,161</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">More than
      12 months</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">214,076</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">189,682</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">931,309</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,338,549</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Allowance
      for doubtful accounts</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(151,266</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(98,329</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Net</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">780,043</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,240,220</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(ii)&nbsp;&nbsp; Third parties</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><SUP><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P>
<DIV align=left>
<TABLE style="WIDTH: 95.14%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Up to 3
      months</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,148,973</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,830,669</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">More than
      3 months</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,708,771</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,856,005</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,857,744</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,686,674</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Allowance
      for doubtful accounts</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,294,078</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,367,479</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Net</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,563,666</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,319,195</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">c.&nbsp;&nbsp;&nbsp;&nbsp; By currency</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(i)&nbsp;&nbsp;&nbsp; Related parties</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><SUP><FONT style="FONT-SIZE: 11pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P>
<DIV align=left>
<TABLE style="WIDTH: 95.14%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 59pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rupiah</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">902,875</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,289,846</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">U.S.
      Dollars</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">28,434</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">48,703</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">931,309</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,338,549</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Allowance
      for doubtful accounts</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(151,266</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(98,329</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Net</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">780,043</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,240,220</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: center">45</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_48></A>
<a name="_bclPageBorder50"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">6.&nbsp;&nbsp;&nbsp;&nbsp; TRADE RECEIVABLES
</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">c.&nbsp;&nbsp;&nbsp;&nbsp; By currency </FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(ii)&nbsp;&nbsp; Third parties</FONT></I></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P>
<DIV align=left>
<TABLE style="WIDTH: 95.14%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">December
      31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">September
      30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">Rupiah</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">4,143,578</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">4,917,497</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">U.S.
      Dollars</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">712,758</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">767,342</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">Euro</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">1,408</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">1,835</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">Total</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">4,857,744</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">5,686,674</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">Allowance
      for doubtful accounts</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">(1,294,078</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">(1,367,479</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">Net</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">3,563,666</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">4,319,195</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 40.5pt"><I><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">d.&nbsp;&nbsp;&nbsp;&nbsp; Movements in the allowance for
doubtful accounts</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><SUP><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P>
<DIV align=left>
<TABLE style="WIDTH: 96.76%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Beginning balance</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,273,550</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,445,344</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Adjustment in relation to implementation of PSAK
      No. 55 (Revised 2006) (Note 2s)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">91,237</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Additions (Note 36)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">509,415</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">474,127</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Bad debts write-off</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(428,858</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(453,663</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Ending balance</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,445,344</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,465,808</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Bad
debts write-off are write-off for third party&#8217;s trade receivables.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Management believes that the allowance for doubtful
accounts is adequate to cover losses on non-collection of the accounts
receivable.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Certain trade receivables of the Company&#8217;s subsidiaries
have been pledged as collateral for lending agreements (Notes 18 and
22).</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Refer
to Note 44 for details of related party transactions. </FONT></P>
<P style="TEXT-ALIGN: center">46</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_49></A>
<a name="_bclPageBorder51"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">7.&nbsp;&nbsp;&nbsp;&nbsp; INVENTORIES</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><SUP><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P>
<DIV align=left>
<TABLE style="WIDTH: 98.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 6pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Modules</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">292,924</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">305,261</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Components</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">158,479</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">203,104</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">SIM cards,
      RUIM cards, set top box and prepaid voucher blanks</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">147,419</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">123,478</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">598,822</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">631,843</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Allowance
      for obsolescence</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Modules</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(76,264</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(86,103</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Components</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(6,937</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(7,017</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">SIM cards, RUIM cards, set top box and prepaid
      voucher blanks</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(85</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(97</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(83,286</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(93,217</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Net</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">515,536</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">538,626</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 22.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Movements in the allowance for obsolescence are as
follows:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><SUP><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P>
<DIV align=left>
<TABLE style="WIDTH: 98.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December 31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September 30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Beginning balance</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">72,174</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">83,286</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Additions (Note 36)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">15,345</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">13,639</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Inventories write-off</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(4,233</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(3,708</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Ending balance</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">83,286</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">93,217</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Components and modules represent telephone terminals,
cables, transmission installation spare parts and other spare parts.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Management believes that the allowance is adequate to
cover losses from decline in inventory value due to obsolescence.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Certain inventories of the Company&#8217;s subsidiaries have
been pledged as collateral for lending agreements (Notes 18 and 22).</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">As of
December 31, 2010 and September 30, 2011, modules and components held by the
Company have been insured against fire, theft and other specific risks with the
total sum insured as of December 31, 2010 and &nbsp;September 30, 2011 is
amounting to Rp.128,367&nbsp;million and Rp.218,237&nbsp;million, respectively
(Note&nbsp;44d.vii).</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Modules and components held by a certain subsidiary have
been insured against all industrial risks and loss risk during delivery with the
total sum insured as of December 31, 2010 and &nbsp;September 30, 2011 amounting
to Rp.15,406&nbsp;million and Rp.6,650 million, respectively.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Management believes that the insurance coverage is
adequate to cover potential losses of the insured inventories.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">47</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_50></A>
<a name="_bclPageBorder52"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">8.&nbsp;&nbsp;&nbsp;&nbsp; ADVANCES AND PREPAID
EXPENSES</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><SUP><FONT style="FONT-SIZE: 11pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P>
<DIV align=left>
<TABLE style="WIDTH: 98.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rental</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">741,200</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">841,985</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Frequency
      license (Notes 48c.i and 48c.iii)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,393,639</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">695,883</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Salaries</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">141,712</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">487,687</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Advances</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">66,127</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">165,491</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Insurance</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,513</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">124,489</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Telephone
      directory issuance costs</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">29,558</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">36,877</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Others</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">67,282</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">145,470</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,441,031</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,497,882</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Refer
to Note 44 for details of related party transactions.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">9.&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="TEXT-TRANSFORM: uppercase; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">OTHER CURRENT ASSETS</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Other
current assets as of December 31, 2010 and September 30, 2011, consists
of:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><SUP><FONT style="FONT-SIZE: 11pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P>
<DIV align=left>
<TABLE style="WIDTH: 98.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">December 31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">September 30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Asets held
      for sale</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,013,188</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Restricted
      time deposits</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">Metra</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">BNI</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">593</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">593</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">Bank Mandiri</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">235</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">235</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">BRI</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">347</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">TII</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0pt"><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0pt"><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Bank Mandiri</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">264</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,175</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,014,280</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Asets
held for sale represents equipment to be sold to Nokia Siemens Network Oy and
PT&nbsp;Huawei Tech Investment with a total agreed price of US$117.6 million
(Notes 11d.viii and 48a). The amount will be used as a part of settlement for
purchase of equipment from those companies.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
restricted time deposits represent time deposits of the Company&#8217;s and certain
subsidiaries&#8217; pledged as collateral for bank guarantees to the respective
banks.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Refer
to Note 44 for details of related party transactions.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center">48</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_51></A>
<a name="_bclPageBorder53"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">10.&nbsp; LONG-TERM INVESTMENTS</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in"><SUP><FONT style="LINE-HEIGHT: 70%; FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P>
<DIV align=left>
<TABLE style="WIDTH: 98.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="66%" colSpan=11>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December 31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Percentage of</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Beginning</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 35pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Share of net (loss)</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Translation</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Ending</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 7pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">ownership</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 6pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">balance</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Addition</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">income</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">adjustment</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">balance</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Long-term investments in associated
      companies:</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Scicom</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">29.71</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">49,721</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">64,358</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(4,920</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(541</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">108,618</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">PT Melon
      Indonesia (&#8220; Melon&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">51.00</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">51,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">124</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">51,124</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Patrakom</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">40.00</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">36,409</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,659</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">40,068</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">CSM</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">25.00</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">44,277</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(12,485</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,102</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">32,894</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">PSN</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">22.38</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">130,407</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">115,358</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(13,622</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">561</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">232,704</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Other long-term investments:</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Bridge
      Mobile Pte. Ltd. (&#8220;BMPL&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10.00</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">20,360</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">20,360</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">PT Batam Bintan Telekomunikasi
(&#8220;BBT&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5.00</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">587</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">587</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">PT Pembangunan Telekomunikasi Indonesia
      (&#8220;Bangtelindo&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2.11</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">199</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">199</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">21,146</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">21,146</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">151,553</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">115,358</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(13,622</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">561</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">253,850</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%" colSpan=11>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September 30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 7pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Percentage of</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 6pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Beginning</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Share of</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Dividend</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Translation</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Ending</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 7pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">ownership</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 6pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">balance</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">net income (loss)</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">adjustment</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">balance</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Long-term investments in associated
      companies:</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Scicom</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">29.71</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">108,618</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">407</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(2,508</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(2,431</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">104,086</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">PT Melon Indonesia (&#8220;Melon&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">51.00</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">51,124</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(6,483</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">44,641</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Patrakom</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">40.00</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">40,068</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,362</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,281</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">41,149</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">CSM</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">25.00</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">32,894</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,798</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6,291</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">40,983</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">PSN</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">22.38</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">232,704</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,916</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(3,789</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,859</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">230,859</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Other long-term investments:</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">BMPL</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10.00</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">20,360</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">20,360</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">BBT</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5.00</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">587</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">587</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Bangtelindo</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2.11</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">199</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">199</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">21,146</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">21,146</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">253,850</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,916</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(3,789</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,859</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">252,005</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 45pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">i.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Scicom </FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 45pt"><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Scicom is engaged in providing call center services in
Malaysia. On February 3, 2010, TII purchased additional 3,042,400 Scicom shares
with a transaction value amounting to US$0.42 million (equivalent to Rp.3,905
million). As a result, TII&#8217;s ownership in Scicom increased to 17.01%.</FONT></P>
<P style="TEXT-ALIGN: center">49</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_52></A>
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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">10.&nbsp; LONG-TERM INVESTMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">i.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Scicom </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 45pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp; &nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">On
May 6, 2010 and June 16, 2010, TII purchased additional 4,870,000 and 30,000,000
Scicom shares, respectively, with transaction values amounting to US$0.76
million (equivalent to Rp.6,897 million) and US$5.79 million (equivalent to
Rp.53,556 million), respectively. As a result, TII&#8217;s ownership in Scicom
increased to 29.85%.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">On
August 11, 2010, based on a Circular Meeting of Stockholders of Scicom, Scicom&#8217;s
stockholders agreed to increase its issued and fully paid capital by 1,260,000
shares which amounted to MYR126,000 million (equivalent to Rp.356
million).&nbsp; As a result of the addition of Scicom issued and fully paid
capital, TII&#8217;s ownership in Scicom is diluted to 29.71%.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">ii.&nbsp;&nbsp;&nbsp; Melon</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">On
August 16, 2010, Metra established a joint venture with SK Telecom called PT
Melon Indonesia with 51% ownership (Note 1d.b). As Metra has no ability to
control Melon therefore it is accounted for using the equity method.&nbsp; Melon
is engaged in providing Digital Content Exchange Hub (&#8220;DCEH&#8221;) services. The DCEH
is a new type of connection to distribute digital content such as music file,
games and video clip to be accessed by costumers, online music store and
telephone operator cable and cellular. </FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">iii.&nbsp;&nbsp; Patrakom</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 22.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Patrakom is engaged in providing satellite communication
system services, related services and facilities to companies in the petroleum
industry.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">iv.&nbsp;&nbsp; CSM</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.2in; MARGIN: 0in 0in 0pt 45pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">CSM
is engaged in providing Very Small Aperture Terminal (&#8220;VSAT&#8221;), network
application services and consulting services on telecommunications technology
and related facilities.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.9pt; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">v.&nbsp;&nbsp;&nbsp;&nbsp; PSN</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 22.5pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PSN
is engaged in providing satellite transponder leasing and satellite-based
communication services in the Asia Pacific region. The Company&#8217;s share in losses
in PSN has exceeded the carrying amount of its investment since 2001,
accordingly, the investment value has been reduced to Rp.nil.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -13.5pt; MARGIN: 0in 0in 0in 31.5pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">vi.&nbsp;&nbsp; BMPL</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 40.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">BMPL
(Singapore), an associated entity of Telkomsel, is engaged in providing regional
mobile services in the Asia Pacific region.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">As of
December 31,&nbsp;2010 and &nbsp;September 30, 2011, Telkomsel&#8217;s contributions
which represent 10% ownership interest amounted to US$2,200,000 (equivalent to
Rp.20,360 million). </FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">vii.&nbsp; BBT</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 22.5pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">BBT
is engaged in providing fixed line telecommunication services at Batamindo
Industrial Park in Muka Kuning, Batam Island and at Bintan Beach International
Resort and Bintan Industrial Estate in Bintan Island.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">50</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_53></A>
<a name="_bclPageBorder55"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">10.&nbsp; LONG-TERM INVESTMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">viii.
Bangtelindo</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 22.5pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Bangtelindo is primarily engaged in providing consultancy
services on the installation and maintenance of telecommunications
facilities.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">11.&nbsp; PROPERTY, PLANT AND EQUIPMENT</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -13.5pt; MARGIN: 0in 0in 0in 31.5pt"><SUP><FONT style="FONT-SIZE: 6pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P>
<DIV align=left>
<TABLE style="WIDTH: 98.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">January 1, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Acquisitions</FONT></B></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">of Ad Medika</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Additions</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Deductions</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Reclassifications</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December 31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">At cost:</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Direct acquisitions assets</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Land</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">781,275</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,104</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">34,642</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(8,104</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">815,917</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Buildings</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,978,417</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6,307</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">75,255</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(701</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">144,534</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,203,812</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Leasehold improvements</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">526,770</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">31</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">74,277</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">601,078</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Switching equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">28,948,306</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">121,488</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(29,892</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,085,011</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">30,124,913</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Telegraph, telex and data communication
      equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">20,716</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(959</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">19,757</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Transmission installation and
    equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">67,228,748</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,120,862</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(812,180</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,461,497</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">73,998,927</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Satellite, earth station and
equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6,795,379</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">41,242</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">85,505</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6,922,126</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Cable network</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">23,621,586</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,166,157</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(248,929</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,273</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">24,541,087</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Power supply</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">7,368,721</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">176,926</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(16,041</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">738,714</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,268,320</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Data processing equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">7,602,865</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,185</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">157,904</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(615,396</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">749,774</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">7,896,332</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Other telecommunications peripherals</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">476,705</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">16,988</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">493,693</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Office equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">576,098</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,045</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">69,578</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(8,259</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,031</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">643,493</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Vehicles</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">110,216</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">438</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,223</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(846</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">113,031</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Other equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">103,310</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">885</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">108,195</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Property under construction:</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Buildings</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">89,926</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">126,440</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(158,078</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">58,288</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Leasehold improvements</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">466</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">91,421</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">91,887</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Switching equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">48,588</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,035,446</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,083,991</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">43</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Transmission installation and
    equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">358,562</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,537,094</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(5,606,953</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">288,703</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Satellite, earth station and
equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">68,559</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(42,324</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">26,235</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Cable network</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,856</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,492</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(828</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6,520</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Power supply</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">52,167</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">726,252</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(738,155</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">40,264</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Data processing equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">16,008</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">777,145</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(725,036</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">68,117</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Leased assets</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Transmission installation and
    Equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">288,766</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,542</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10,801</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">302,109</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Data processing equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">260,782</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">42,977</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(6,039</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">297,720</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Office equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">247,897</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">12,003</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(220,236</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(14,365</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">25,299</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Vehicles</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">61,220</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(8,168</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">53,052</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">CPE assets</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">21,778</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">21,778</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">RSA assets:</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Land</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,267</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,267</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Switching equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">92,990</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(8,976</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">84,014</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Transmission installation and
    equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">43,383</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(15,682</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">27,701</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Cable network</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">406,570</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(9,050</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">397,520</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Other telecommunications peripherals</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,638</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(50</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,588</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">149,135,976</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">17,110</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">12,486,913</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,961,607</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(133,606</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">159,544,786</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: center">51</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_54></A>
<a name="_bclPageBorder56"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">11.&nbsp; PROPERTY, PLANT AND EQUIPMENT </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -13.5pt; MARGIN: 0in 0in 0in 31.5pt"><SUP><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P>
<DIV align=left>
<TABLE style="WIDTH: 98.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="33%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">January 1, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Acquisitions</FONT></B></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">of Ad Medika</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Additions</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Deductions</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Reclassifications</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December 31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Accumulated depreciation and
      impairment:</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Direct acquisitions assets</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Buildings</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,485,234</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">97,475</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(151</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(5,296</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,577,262</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Leasehold improvements</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">381,536</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">60,528</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">565</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">442,629</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Switching equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">18,425,673</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,524,695</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(29,892</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(8,558</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">20,911,918</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Telegraph, telex and data communication
      equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">17,391</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">742</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(959</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">17,174</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Transmission installation and
    equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">24,794,959</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6,321,602</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(812,916</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(114,375</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">30,189,270</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Satellite, earth station and
equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,136,685</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">475,860</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">7,500</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,620,045</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Cable network</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">14,688,600</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,109,526</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(248,928</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(20,022</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">15,529,176</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Power supply</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,932,127</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">937,712</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(11,995</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(2,213</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,855,631</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Data processing equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,094,420</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,315,718</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(615,394</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">23,544</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,818,288</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Other telecommunications peripherals</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">351,875</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">14,594</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(352</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">366,117</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Office equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">465,291</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">43,169</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(8,025</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,922</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">509,357</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Vehicles</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">94,693</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,507</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(622</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">37</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">99,615</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Other equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">87,228</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,361</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">724</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">93,313</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Leased assets</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Transmission installation and
    Equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">227,193</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">21,177</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,575</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">250,945</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Data processing equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">116,540</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">52,835</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,245</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">170,620</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Office equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">201,039</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">29,275</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(220,236</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(5,568</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,510</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Vehicles</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">29,133</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">16,176</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(5,268</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">40,041</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">CPE assets</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,545</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,273</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6,818</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">RSA assets:</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Land</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">981</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">64</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,045</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Switching equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">29,759</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6,976</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(7,061</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">29,674</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Transmission installation and
    equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">26,396</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,582</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(10,135</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">21,843</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Cable network</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">122,085</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">37,194</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(5,088</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">154,191</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Other telecommunications Peripherals</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,696</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">250</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(50</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,896</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">72,716,079</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">13,084,291</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,954,386</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(133,606</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">83,712,378</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Net Book Value</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">76,419,897</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">75,832,408</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.6pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">52</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_55></A>
<a name="_bclPageBorder57"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">11.&nbsp; PROPERTY, PLANT AND EQUIPMENT </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<DIV align=left>
<TABLE style="WIDTH: 98.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">January 1, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Additions</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 12pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Deductions</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Reclassifications</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September 30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">At cost:</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Direct acquisitions assets</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Land</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">815,917</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">26,079</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,267</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">843,263</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Buildings</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,203,812</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">20,006</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(65,414</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">76,610</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,235,014</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Leasehold improvements</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">601,078</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,392</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(5,429</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">33,874</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">630,915</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Switching equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">30,124,913</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">102,444</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(295,841</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,031,447</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">28,900,069</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Telegraph, telex and data communication
      equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">19,757</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(431</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">19,326</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Transmission installation and
    equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">73,998,927</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,079,124</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(101,394</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">315,223</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">75,291,880</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Satellite, earth station and
equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6,922,126</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">25,315</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(317</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(73,536</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6,873,588</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Cable network</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">24,541,087</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">946,844</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(686,684</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,465,627</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">23,335,620</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Power supply</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,268,320</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">120,375</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(147,095</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">468,876</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,710,476</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Data processing equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">7,896,332</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">141,325</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(434,531</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(29,982</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">7,573,144</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Other telecommunications peripherals</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">493,693</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,028</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(3,243</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(25,239</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">468,239</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Office equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">643,493</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">59,667</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(57,970</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">13,975</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">659,165</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Vehicles</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">113,031</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,385</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(2,524</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(29,265</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">83,627</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Other equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">108,195</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,824</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(506</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">94</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">111,607</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Property under construction:</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Buildings</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">58,288</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">101,123</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(36,612</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">122,799</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Leasehold improvements</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">91,887</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">71,128</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(62,268</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">100,747</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Switching equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">43</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,191,712</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,122,415</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">69,340</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Transmission installation and
    equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">288,703</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,963,276</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(3,531,692</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">720,287</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Satellite, earth station and
Equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">26,235</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">121,492</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(125,346</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">22,381</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Cable network</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6,520</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,771</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,088</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10,203</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Power supply</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">40,264</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">511,951</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(521,796</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">30,419</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Data processing equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">68,117</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">174,054</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(221,559</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">20,612</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Leased assets</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Transmission installation and
    Equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">302,109</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,037</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(8,703</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">295,443</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Data processing equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">297,720</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">58,499</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(20,068</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">336,151</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Office equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">25,299</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">957</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(363</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">25,893</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Vehicles</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">53,052</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(4,898</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">48,154</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 4.35pt">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 4.35pt; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">CPE assets</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 4.35pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 4.35pt; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">21,778</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 4.35pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 4.35pt; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 4.35pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 4.35pt; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 4.35pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 4.35pt; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 4.35pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 4.35pt; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">21,778</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 4.35pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">RSA assets:</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Land</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,267</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,267</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Switching equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">84,014</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(3,113</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">80,901</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Transmission installation and
    equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">27,701</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">27,701</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Cable network</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">397,520</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(13,304</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">384,216</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Other telecommunications Peripherals</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,588</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,833</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,755</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">159,544,786</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,732,808</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,805,846</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(7,417,035</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">159,054,713</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">53</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_56></A>
<a name="_bclPageBorder58"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">11.&nbsp; PROPERTY, PLANT AND EQUIPMENT </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 13.5pt"><SUP><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P>
<DIV align=left>
<TABLE style="WIDTH: 98.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">January 1, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Additions</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Deductions</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Reclassifications</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September 30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Accumulated depreciation and
      impairment:</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Direct acquisitions assets</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Buildings</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,577,262</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">77,608</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(65,414</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">34,976</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,624,432</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Leasehold improvements</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">442,629</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">48,490</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(5,429</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">485,690</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Switching equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">20,911,918</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,141,562</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(295,841</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(2,022,001</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">20,735,638</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Telegraph, telex and data communication
      equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">17,174</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">236</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9,440</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">26,850</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Transmission installation and
    equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">30,189,270</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,971,653</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(90,859</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(2,258,886</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">32,811,178</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Satellite, earth station and
equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,620,045</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">362,372</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(317</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(199,205</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,782,895</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Cable network</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">15,529,176</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">801,795</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(686,684</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,475,499</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">14,168,788</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Power supply</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,855,631</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">924,716</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(139,862</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(101,712</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,538,773</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Data processing equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,818,288</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">819,248</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(433,577</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(259,932</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,944,027</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Other telecommunications peripherals</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">366,117</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10,483</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(3,238</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(25,010</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">348,352</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Office equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">509,357</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">42,494</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(57,940</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">7,246</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">501,157</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Vehicles</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">99,615</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,146</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(2,451</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(29,292</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">72,018</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Other equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">93,313</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,302</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(506</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(378</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">96,731</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Leased assets</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Transmission installation and
    equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">250,945</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">16,371</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(3,054</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">264,262</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Data processing equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">170,620</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">41,394</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(9,459</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">202,555</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Office equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,510</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,556</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(272</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">7,794</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Vehicles</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">40,041</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10,411</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(4,268</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">46,184</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">CPE assets</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6,818</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,704</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,522</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">RSA assets:</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Land</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,045</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">48</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,093</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Switching equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">29,674</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,708</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(3,153</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">31,229</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.75in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Transmission installation and
    equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">21,843</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,225</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(219</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">24,849</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Cable network</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">154,191</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">27,295</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(10,867</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">170,619</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.75in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Other telecommunications peripherals</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,896</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">159</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,833</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,222</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">83,712,378</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10,317,976</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,786,386</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(6,350,203</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">85,893,765</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Net Book Value</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">75,832,408</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">73,160,948</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">54</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_57></A>
<a name="_bclPageBorder59"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">11.&nbsp; PROPERTY, PLANT AND EQUIPMENT </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">a.&nbsp;&nbsp;&nbsp;&nbsp; Gains (losses) on disposal or
sale of </FONT></I><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">property, plant and equipment</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="FONT-SIZE: 5pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;</FONT></B></P>
<DIV align=left>
<TABLE style="WIDTH: 96.76%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Proceeds
      from sale of property, plant and equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,768</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">25,920</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Net book
      value</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(9,381</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(19,460</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Gains
      (losses) on disposal or sale of property, plant and
      equipment</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(613</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6,460</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -13.5pt; MARGIN: 0in 0in 0pt 31.5pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">b.&nbsp;&nbsp;&nbsp;&nbsp; KSO assets ownership
arrangements </FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.5in; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; In accordance with the amended and restated
KSO VII agreement with </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">PT Bukaka Singtel
International</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> (&#8220;BSI&#8221;), the ownership rights to the acquired property,
plant and equipment in KSO VII are legally retained by BSI until the end of the
KSO period which is on December&nbsp;31, 2010. As of December&nbsp;31,&nbsp;2010
the net book value of these property, plant and equipment was Rp.710,484
million.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(ii)&nbsp;&nbsp;&nbsp;&nbsp; In accordance with the
amended and restated KSO IV agreement with PT Mitra Global Telekomunikasi
Indonesia</FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> </FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(&#8220;MGTI&#8221;), the ownership rights to the
acquired property, plant and equipment in KSO IV are legally retained by MGTI
until the end of the KSO period which is on December 31, 2010. As of
December&nbsp;31,&nbsp;2010 the net book value of this&nbsp;property, plant and
equipment was Rp.161,212 million.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -13.5pt; MARGIN: 0in 0in 0pt 31.5pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">c.&nbsp;&nbsp;&nbsp;&nbsp; Assets impairment and related
claims</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -21.4pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; As of September
30,&nbsp;2010 and 2011, the Company operated two satellites, Telkom-1 and
Telkom-2 primarily providing backbone transmission links for its network and
earth station satellite up-linking and down-linking services to domestic and
international users. As of September 30, 2011, there were no events or changes
in circumstances that would indicate that the carrying amount of the Company&#8217;s
satellites may not be recoverable. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(ii)&nbsp;&nbsp;&nbsp;&nbsp; On April 7, 2010, Nangroe
Aceh Darussalam and the surrounding area experienced an earthquake from which
insurance claims for the replacement of the assets has been made. Buildings and
other equipments affected by the earthquake have been re-operated gradually
since April 2010.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(iii)&nbsp;&nbsp;&nbsp; On June 16, 2010, Papua and the
surrounding area experienced an earthquake from which insurance claims for the
replacement of the assets has been made. Buildings and other equipments affected
by the earthquake have been re-operated gradually since June 2010.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center">55</P></DIV>
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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">11.&nbsp; PROPERTY, PLANT AND EQUIPMENT</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">
(continued)</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">d.&nbsp;&nbsp;&nbsp;&nbsp; Others</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><I><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest capitalized to
property under construction amounted to Rp.nil for the years ended December 31,
2010 and for nine months period ended September 30, 2011,
respectively.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(ii)</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Foreign exchange loss capitalized as part of property
under construction amounted to Rp.nil for the years ended December 31, 2010 and
for nine months period ended September 30, 2011, respectively.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(iii)&nbsp;&nbsp;&nbsp; In 2010, the useful lives of
Company&#8217;s office and installation buildings, Submarine Cable Communication
System/Fiber Optic Communication System and Antenna and Tower were changed and
accounted for prospectively. The impact is a reduction in the amount
depreciation expense of Rp.126,025 million recognized to the 2010 consolidated
statement of </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">comprehensive&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> income (Note 2k).</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(iv)&nbsp;&nbsp;&nbsp; Telkomsel plans to replace certain
equipment (part of infrastructure) with a net carrying amount of Rp.189,035
million (as of April 2011), accordingly, Telkomsel changed the useful life of
such equipment. The impact is an additional depreciation expense of Rp.144,151
million charged to the 2011 consolidated statement of comprehensive income. The
equipment, with a cost Rp.184,596 million, were subsequently derecognized in
August 2011. Upon the derecognition, the equipment had been fully
depreciated.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(v)&nbsp;&nbsp;&nbsp;&nbsp; In addition to the
derecognition of the above equipment, due to changes of technology, damage and
other causes, certain equipment (mainly part of infrastructure) with a net book
value of Rp.15,786 million were also derecognized.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(vi)&nbsp;&nbsp;&nbsp; The useful life of Telkomsel&#8217;s
certain equipment (part of supporting facilities) was changed from 10 years to 6
years to reflect its current economic life. The impact is an additional
depreciation expenses of Rp.220,336 million charged to the 2011 consolidated
statements of comprehensive income.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(vii)&nbsp;&nbsp; Telkomsel&#8217;s certain equipment (part of
infrastructure) with a net book value of Rp 41,567 million were sold to Nokia
Siemens Network Oy and PT&nbsp;Huawei Tech Investment with a price of US$4.8
million (Note 47a).</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(viii)&nbsp; Telkomsel&#8217;s certain equipment (part of
infrastructure) with a net book value of Rp 1,013,188&nbsp;million are planned
to be sold, accordingly, reclassified to assets held for sale (Note
9).</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(xi)&nbsp;&nbsp;&nbsp; The Company and its subsidiaries
own several pieces of land located throughout Indonesia with Building Use Rights
(&#8220;Hak Guna Bangunan&#8221; or &#8220;HGB&#8221;) for a period of 18-45 years, which will expire
between 2011 and 2052. Management believes that there will be no difficulty in
obtaining the extension of the land rights when they expire.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(x)&nbsp;&nbsp;&nbsp;&nbsp; The Company was granted the
right to use certain parcels of land by the Ministry of Communications and
Information Technology of the Republic of Indonesia (formerly Ministry of
Tourism, Post and Telecommunications) where the legal title of those parcels of
land is still under the name of the Ministry of Tourism, Post and
Telecommunications and the Ministry of Transportation of the Republic of
Indonesia. As the transfer to the Company of the legal title of ownership on
those parcels of land is still in progress, the total magnitude of such
transfers is yet to be determined. </FONT></P>
<P style="TEXT-ALIGN: center">56</P></DIV>
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<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_59></A>
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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">11.&nbsp; PROPERTY, PLANT AND EQUIPMENT</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">
(continued)</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">d.&nbsp;&nbsp;&nbsp;&nbsp; Others</FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">
(continued)</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(xi)&nbsp;&nbsp;&nbsp; As of September 30, 2011, the
Company and its subsidiaries&#8217; property, plant and equipment, except for land,
were insured with PT Asuransi Jasa Indonesia (&#8220;Jasindo&#8221;), PT&nbsp;Asuransi
Ramayana Tbk, PT Sarana Janesia Utama, PT Asuransi Wahana Tata, PT Asuransi
Ekspor Indonesia, PT&nbsp;Asuransi Sinar Mas, PT Asuransi Central Asia, PT
Asuransi Allianz Utama Indonesia, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">HSBC Insurance (Singapore) Pte,
Ltd,</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> PT Asuransi Astra Buana </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">and PT
Jardine Llyod Thompson </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">against fire, theft, earthquake and
other specified risks. Total cost of assets being insured amounted to
Rp.69,919,590 million, which was covered by sum insured basis with a maximum
loss claim of Rp.1,014,650 million, US$19.25&nbsp;million, EUR0.22 million and
SGD6.42 million and on first loss basis of Rp.7,230,657&nbsp; million including
business recovery of Rp.486,000&nbsp;million with the Automatic Reinstatement of
Loss Clause. In addition, Telkom-1 and Telkom-2 were insured separately for
US$17.33 million and US$38.87 million, respectively. Management believes that
the insurance coverage is adequate to cover potential losses of the insured
assets.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(xii)&nbsp;&nbsp; As of September 30, 2011, the
completion of assets under construction was around 75.52% of the total contract
value, with estimated dates of completion between March 2011 and April 2012.
Management believes that there is no impediment to the completion of the
construction in progress.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(xiii) Certain property, plant and equipment of the
Company&#8217;s subsidiaries have been pledged as collateral for lending agreements
(Notes 18 and 22).</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -21.15pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(xiv)
The Company and its subsidiaries have lease commitments for property, plant and
equipments under RSA, transmission installation and equipment, data processing
equipment, office equipment, vehicles and CPE assets, with the option to
purchase certain leased assets at the end of the lease terms. Future minimum
lease payments for assets under </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">finance&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">
leases as of December&nbsp;31,&nbsp;2010 and September 30, 2011 are as
follows:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 94.74%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 58.5pt" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Year</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="64%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%" colSpan=2>
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2011</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">286,257</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">260,017</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%" colSpan=2>
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2012</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">203,383</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">173,610</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%" colSpan=2>
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2013</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">141,579</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">131,372</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%" colSpan=2>
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2014</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">98,374</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">40,244</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%" colSpan=2>
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2015</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">23,665</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">23,222</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%" colSpan=2>
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Later</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">56,476</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">42,739</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%" colSpan=2>
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total
      minimum lease payments</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">809,734</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">671,204</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%" colSpan=2>
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Interest</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(202,805</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(150,726</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%" colSpan=2>
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Net
      present value of minimum lease payments</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">606,929</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">520,478</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%" colSpan=2>
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Current
      maturities (Note 19a)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(198,062</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(189,679</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%" colSpan=2>
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Long-term
      portion </FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 19b)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">408,867</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">330,799</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: center">57</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_60></A>
<a name="_bclPageBorder62"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">12.&nbsp; ADVANCES AND OTHER NON-CURRENT
ASSETS</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Advances and
other non-current assets as of December&nbsp;31,&nbsp;2010 and September 30,
2011 consist of:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 5pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 94.74%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 58.5pt" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Advances
      for purchase of property, plant and equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,334,639</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,904,544</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Prepaid
      rent - net of current portion (Note 8)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,052,331</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,016,012</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Deferred
      charges</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">447,174</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">402,504</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Restricted
      cash</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">101,534</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">164,620</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Security
      deposits</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">62,469</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">55,466</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Equipment
      not used in operations - net</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">29,675</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">14,009</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Others</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">24,873</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">47,218</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,052,695</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,604,373</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">As of
December 31,&nbsp;2010 and September 30, 2011, equipment not used in operations
represents Base Transceiver Station (BTS) and other equipment of the Company
temporarily taken out from operations but planned to be reinstalled. As of
December 31,&nbsp;2010 equipment not used in operations represents Base
Transceiver Station (BTS) and other equipment of Telkomsel temporarily taken out
from operations but planned to be reinstalled. Telkomsel&#8217;s depreciation expense
charged to the consolidated statements of </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">comprehensive&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">
income for the year ended December 31, 2010 amounted to Rp.303 million.
</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Deferred
charges represent deferred Revenue-Sharing Arrangements (&#8220;RSA&#8221;) charges,
deferred Indefeasible Right of Use (&#8220;IRU&#8221;) Agreement charges, and deferred land
rights
charges.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
As of December&nbsp;31, 2010 and September 30, 2011, deferred charges
amortization amounted to Rp.18,638&nbsp;million and Rp.61,219 million,
respectively.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; As of December
31, 2010 and September 30, 2011 restricted cash represent time deposits with
original maturities of more than one year pledged as collateral for bank
guarantees among others for the USO contract (Note 47h).</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Refer to Note
44 for details of related party transactions.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">13.&nbsp; GOODWILL AND OTHER INTANGIBLE
ASSETS</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(i)</FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
changes in the carrying amount of goodwill and other intangible assets for the
year ended December 31, 2010 and for nine months period ended September 30, 2011
are as follows:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 27pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp; &nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 96.76%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="35%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Other</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="35%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Goodwill</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">intangible</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">assets</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">License</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="35%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Gross
      carrying amount:</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="35%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Balance, December 31, 2009</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">106,544</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9,085,534</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">806,861</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9,998,939</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="35%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Additions:</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="35%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">The Company&#8217;s software</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">174,286</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">174,286</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="35%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">The subsidiaries&#8217; software</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">543,276</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">543,276</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="35%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">The subsidiaries&#8217; license</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,568</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,568</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="35%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Acquisitions of Ad Medika</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">85,236</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">45,591</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">130,827</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="35%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Reclassification</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">25,661</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">25,661</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="35%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Balance, December 31, 2010</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">191,780</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9,874,348</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">812,429</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10,878,557</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">58</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_61></A>
<a name="_bclPageBorder63"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">13.&nbsp; GOODWILL AND OTHER INTANGIBLE ASSETS
</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 27pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(i)</FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 27pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 96.76%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="35%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Other</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="35%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Goodwill</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">intangible</FONT></B></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">assets</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">License</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="35%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Accumulated amortization:</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="35%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Balance, December 31, 2009</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(21,373</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(7,385,950</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(163,336</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(7,570,659</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="35%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Amortization expense during the year</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(7,877</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,413,765</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(86,584</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,508,226</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="35%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Reclassifications</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(15,147</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(15,147</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="35%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Balance, December 31, 2010</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(29,250</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(8,814,862</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(249,920</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(9,094,032</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="35%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Net Book Value</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">162,530</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,059,486</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">562,509</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,784,525</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="35%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Weighted-average amortization period</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">20 years</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6.99 years</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9.38 years</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="35%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="35%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Other</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="35%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Goodwill</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">intangible</FONT></B></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">assets</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">License</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="35%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Gross carrying amount:</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="35%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Balance, December 31, 2010</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">191,780</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9,874,348</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">812,429</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10,878,557</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="35%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Additions:</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="35%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">The Company&#8217;s software</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">180,305</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">180,305</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="35%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">The subsidiaries&#8217; software</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">176,374</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">176,374</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="35%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Reclassifications</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,674</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,674</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="35%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Deductions</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(135</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(135</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="35%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Balance, September 30, 2011</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">191,780</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10,232,566</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">812,429</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">11,236,775</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="35%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Accumulated amortization:</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="35%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Balance, December 31, 2010</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(29,250</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(8,814,862</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(249,920</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(9,094,032</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="35%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Amortization expense during the
period</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(337,373</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(65,635</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(403,008</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="35%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Reclassifications</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(365</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(365</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="35%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Deductions</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">25</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">25</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="35%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Balance, September 30, 2011</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(29,250</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(9,152,575</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(315,555</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(9,497,380</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="35%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Net Book Value</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">162,530</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,079,991</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">496,874</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,739,395</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="35%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Weighted-average amortization period</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">7.31 years</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9.09 years</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 27pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face=Arial,sans-serif>&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(ii)&nbsp;&nbsp; Goodwill resulted from the acquisition
of Sigma in 2008, Indonusa in 2008 and Ad Medika in 2010 (Note 4). Other
intangible assets also included the acquisitions of Dayamitra, Pramindo, TII,
KSO IV and KSO VII, and represented the rights to operate the business in the
KSO areas.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(iii)&nbsp; The up-front fee paid by Telkomsel in
February 2006 for the 3G license amounting to Rp.436,000&nbsp;million was
recognized as an intangible asset and is amortized over the term of the
3G&nbsp;license. In 2009, Telkomsel obtained an additional 3G&nbsp;license of
Rp.320,000 million which is recorded as an intangible assets and amortized over
10&nbsp;years (Notes 1d.a, 2j, 44a.ii and 48c.i).</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(iv)&nbsp; In 2009, the Company was granted a switched
based local network provider license using 2.3 GHz radio frequency bandwidth for
wireless broadband services. The up-front fee is recorded as an intangible
assets and amortized over the license&#8217;s useful life of 10 years.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(v)&nbsp;&nbsp; The estimated annual amortization expense
relating to other intangible assets from October 1, 2011 is approximately
Rp.596,812 million.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(vi)&nbsp; As of September 30, 2011, management believes
that there was no indication of impairment. </FONT></P>
<P style="TEXT-ALIGN: center">59</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_62></A>
<a name="_bclPageBorder64"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">14.&nbsp; ESCROW ACCOUNTS</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Escrow accounts as of December&nbsp;31,&nbsp;2010 and
September 30, 2011 consist of the following: </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 98.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31,</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30,</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Bank
      Mandiri</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">41,552</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">40,604</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Others
      (each below Rp.1 billion)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">110</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">110</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">41,662</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">40,714</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: 70%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The escrow account with Bank Mandiri were established in
relation with the Palapa Ring Consortium Construction and Maintenance Agreement
(&#8220;C&amp;MA&#8221;) as an initial deposit 5% of the commitment value (Note
48c.ii).</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Refer to Note
44 for details of related party transactions.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">15.&nbsp; TRADE PAYABLES</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><SUP><FONT style="LINE-HEIGHT: 70%; FONT-SIZE: 11pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P>
<DIV align=left>
<TABLE style="WIDTH: 98.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31,</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30,</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Related
      parties</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Radio frequency usage charges,</FONT><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">
      Concession fees</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> and </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Universal Service Obligation</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">
      charges</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">393,686</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">335,447</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Purchases of equipment, materials and
      services</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">556,433</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">284,709</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Payables to other telecommunications
      providers</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">203,755</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">54,190</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Sub-total</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,153,874</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">674,346</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Third
      parties</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Purchases of equipment, materials and
      services</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6,269,253</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6,950,347</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Payables to other telecommunications
      providers</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">87,668</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">66,821</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Sub-total</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6,356,921</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">7,017,168</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">7,510,795</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">7,691,514</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Trade
      payables by currency are as follows:</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31,</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30,</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rupiah</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,378,075</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,089,183</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">U.S.
      Dollars</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,126,144</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,583,592</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Euro</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,128</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">16,315</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Malaysian
      Ringgit</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,624</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,543</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Singapore
      Dollars</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,645</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">591</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Others</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,179</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">290</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">7,510,795</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">7,691,514</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Refer
to Note 44 for details of related party transactions. </FONT></P>
<P style="TEXT-ALIGN: center">60</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_63></A>
<a name="_bclPageBorder65"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">16.&nbsp; ACCRUED EXPENSES</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><SUP><FONT style="LINE-HEIGHT: 70%; FONT-SIZE: 11pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P>
<DIV align=left>
<TABLE style="WIDTH: 98.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December 31,</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 6pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30,</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 6pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Operations, maintenance and telecommunications
      services</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,773,794</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,422,450</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Salaries
      and benefits</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">894,733</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">749,605</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">General,
      administrative and marketing</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">514,367</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">743,493</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Early
      retirement program</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">628,947</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Interest
      and bank charges</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">226,366</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">193,120</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,409,260</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,737,615</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Accruals for early retirement program 2011 arose from the
Decision of HCGA Director No.&nbsp;SK.42/PS940/COP-B0000000/2011 on
determination of 2011 budget year early retirement participant dated September
23, 2011. The Company accrued on the basis of the number of eligible employees
by grade and who were expected to enroll. Accrued early retirement benefits
as&nbsp;of&nbsp;September 30, 2011, amounted to Rp.628,947 million charged to
the&nbsp; consolidated statements of comprehensive income for the nine months
period ended September 30, 2011 (Note 34).</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Refer to Note
44 for details of related party transactions.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">17.&nbsp; UNEARNED INCOME</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 98.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31,</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30,</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Prepaid
      pulse reload vouchers</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,419,099</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,410,631</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Other
      telecommunications services</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">131,220</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">138,644</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Others</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">131,164</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">121,325</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,681,483</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,670,600</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">18.&nbsp; SHORT-TERM BANK LOANS</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 27pt; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P>
<DIV align=left>
<TABLE style="WIDTH: 98.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 25pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="32%" colSpan=3>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December 31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.25pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="31%" colSpan=3>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September 30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 37pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="32%" colSpan=3>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Outstanding</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.25pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="31%" colSpan=3>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Outstanding</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="19%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Lenders</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Currency</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 11pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.15pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Original</FONT></B></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.15pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">currency</FONT></B></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.15pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(in millions)</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rupiah</FONT></B></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">equivalent</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.25pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.25pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Original</FONT></B></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.25pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">currency</FONT></B></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.25pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(in millions)</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rupiah</FONT></B></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">equivalent</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Bank CIMB Niaga</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.15pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">35,359</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.25pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.25pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">62,980</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Bank Danamon</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.15pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.25pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.25pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">40,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Bank Ekonomi</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.15pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">16,472</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.25pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.25pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">17,163</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">PT Bank Syariah Mandiri (&#8220;BSM&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.15pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.25pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.25pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">7,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.15pt; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">55,831</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.25pt; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.25pt; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">127,143</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 27pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">Refer
to Note 44 for details of related party transactions. </FONT></P>
<P style="TEXT-ALIGN: center">61</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_64></A>
<a name="_bclPageBorder66"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">18.&nbsp; SHORT-TERM BANK LOANS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 27pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 98.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="23%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></B></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Facility</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Payment</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Interest</FONT></B></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">payment</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Interest</FONT></B></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">rate</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="23%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Borrower</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 2pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Currency</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(in millions)</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">schedule</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">period</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">per annum</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Security</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Bank CIMB Niaga</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 2pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR style="HEIGHT: 63.9pt">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 63.9pt; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">April 25, 2005<SUP>a</SUP></FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 63.9pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 63.9pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Balebat</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 63.9pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 14pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 63.9pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 63.9pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 63.9pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">12,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 63.9pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 63.9pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">May 29, 2012</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 63.9pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 63.9pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Monthly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 63.9pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 63.9pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">11.50%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 63.9pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 63.9pt; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Property, plant and</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Equipment (Note 11),</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Inventories (Note 7), </FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">and trade</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">receivables (Note 6)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 63.9pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 63pt">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 63pt; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">April 29, 2008<SUP>a</SUP></FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 63pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 63pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Balebat</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 63pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 14pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 63pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 63pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 63pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 63pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 63pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">May 29, 2012</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 63pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 63pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Monthly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 63pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 63pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">11.50%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 63pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 63pt; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Property, plant and</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">equipment (Note 11),</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">inventories (Note 7), </FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">and trade</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">receivables (Note 6)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 63pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 63.45pt">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 63.45pt; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">April 29, 2008<SUP>a</SUP></FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 63.45pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 63.45pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Balebat</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 63.45pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 14pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 63.45pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 63.45pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 63.45pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">500</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 63.45pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 63.45pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">May 29, 2012</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 63.45pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 63.45pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Monthly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 63.45pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 63.45pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">11.50%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 63.45pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 63.45pt; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Property, plant and equipment (Note 11),</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Inventories (Note 7), </FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">and trade</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">receivables (Note 6)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 63.45pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">October 18, 2005<SUP>b</SUP></FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">GSD</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 14pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">19,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">October 18, 2011</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Monthly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10.25%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Property, plant and equipment (Note
    11)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">May 14, 2010</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Infomedia</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 14pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">28,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">May 14, 2012</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Monthly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">11.00%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Trade receivables (Note 6)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Bank Danamon</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">June 20, 2011</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Infomedia</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 14pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">June 20, 2012</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Monthly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">11.00%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Trade receivables (Note 6)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Bank Ekonomi</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">February 11, 2009<SUP>c</SUP></FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Sigma</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 12pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">US$</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.55</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">June 13, 2011</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Monthly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6.00%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Trade receivables (Note 6)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 50.25pt">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 50.25pt; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">August 7, 2009<SUP>c</SUP></FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 50.25pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 50.25pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Sigma</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 50.25pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 14pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 50.25pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 50.25pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 50.25pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">35,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 50.25pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 50.25pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">July 1, 2011</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 50.25pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 50.25pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Monthly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 50.25pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 50.25pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10.00%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 50.25pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 50.25pt; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Trade receivables</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 6) property,</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">plant and equipment</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 11)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 50.25pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">January 2, 2011<SUP>c</SUP></FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Sigma</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 12pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">US$</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1.00</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">July 1, 2011</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Monthly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6.00%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Property, plant and equipment (Note
    11)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 49.05pt">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 49.05pt; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">February 23, 2011<SUP>c</SUP></FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 49.05pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 49.05pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Sigma</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 49.05pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 14pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 49.05pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 49.05pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 49.05pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">100,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 49.05pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 49.05pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">August 23, 2011</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 49.05pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 49.05pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Monthly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 49.05pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 49.05pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10.50%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 49.05pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 49.05pt; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Trade receivables</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 6), property,</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">plant and equipment</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 11)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 49.05pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">PT Bank Syariah Mandiri (&#8220;BSM&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 75.35pt">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September 1, 2010<SUP>d</SUP></FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Balebat</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 14pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">15,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">October 16, 2011</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Monthly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">14.00%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Property, plant and</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 11),</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">equipment</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">inventories</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 7), trade</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">receivables (Note 6)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 75.35pt">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="100%" colSpan=15>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">The credit
      facilities obtained by the Company&#8217;s subsidiaries are used for working
      capital purpose.</FONT></P>
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 13.5pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P>
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 13.5pt"><SUP><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">a</FONT></SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"> Based on the latest amendment on
      May 25,&nbsp;2011.</FONT></P>
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 13.5pt"><SUP><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">b</FONT><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"> </FONT></SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">On October
      2011, the loan was fully repaid (Note 52b).</FONT></P>
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 13.5pt"><SUP><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">c</FONT><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"> </FONT></SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Pursuant
      to expiry of availability period, Sigma has requested Bank Ekonomi to
      extend the facility period. As of the issuance date of the consolidated
      financial statements, for the amandment is still in process.</FONT></P>
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 13.5pt"><SUP><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">d</FONT><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"> </FONT></SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">On August
      31, 2011, the loan was fully repaid and subsequently the facility has been
      extended (Note&nbsp;52c).</FONT></P>
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 1pt 0pt 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: center">62</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_65></A>
<a name="_bclPageBorder67"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">19.&nbsp; MATURITIES OF LONG-TERM
LIABILITIES</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">a.
&nbsp;&nbsp;&nbsp; Current maturities</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><SUP><FONT style="LINE-HEIGHT: 70%; FONT-SIZE: 11pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P>
<DIV align=left>
<TABLE style="WIDTH: 96.76%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="51%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31,</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30,</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="51%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Notes</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="51%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Bank
      loans</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">22</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,478,247</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,396,958</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="51%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Two-step
      loans</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">20</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">395,363</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">395,143</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="51%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Obligations under </FONT><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">finance&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"> leases</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">11</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">198,062</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">189,679</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="51%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Bonds and
      notes</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">21</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">126,719</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">290,008</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="51%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Deferred
      consideration for business combinations</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">23</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">105,245</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="51%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,303,636</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,271,788</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">b.
&nbsp;&nbsp;&nbsp; Long-term portion </FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 96.76%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="77%" colSpan=13>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(In billions of Rupiah)</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0pt"><SUP><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Notes</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2012</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2013</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2014</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2015</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Later</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Bank
      loans</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">22</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">7,521.7</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">232.0</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,574.7</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,374.7</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">950.5</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">389.8</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Bonds and
      notes</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">21</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,374.0</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">123.7</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">207.1</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">43.2</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,005.0</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,995.0</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Two-step
      loans</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">20</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,435.0</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">74.7</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">321.4</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">323.9</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">326.6</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,388.4</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Obligations under finance leases</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">11</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">330.8</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">135.9</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">111.5</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">30.9</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">16.7</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">35.8</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">13,661.5</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">566.3</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,214.7</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,772.7</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,298.8</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,809.0</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">20.&nbsp; TWO-STEP LOANS </FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Two-step loans are unsecured loans obtained by the
Government, which are then re-loaned to the Company. The loans entered into up
to July 1994 were recorded and payable in Rupiah based on the exchange rate at
the date of drawdown. Loans entered into after July 1994 are payable in their
original currencies and any resulting foreign exchange gain or loss is borne by
the Company.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 98.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><SUP><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><SUP><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><SUP><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><SUP><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><SUP><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><SUP><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Outstanding</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Outstanding</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Original
      currency</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rupiah</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Original
      currency</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rupiah</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Lenders</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Currency</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(in
      millions)</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">equivalent</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(in
      millions)</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">equivalent</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Overseas
      bank</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Yen</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10,750.57</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,191,378</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10,366.62</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,187,392</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">US$</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">120.76</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,088,639</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">101.87</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">896,500</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">856,649</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">746,326</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,136,666</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,830,218</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Current
      maturities (Note 19a)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(395,363</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(395,143</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Long-term
      portion </FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 19b)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,741,303</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,435,075</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.2pt; MARGIN: 0in 0in 0pt 22.3pt"><FONT style="FONT-SIZE: 6pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">63</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_66></A>
<a name="_bclPageBorder68"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">20.&nbsp; TWO-STEP LOANS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 27pt; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<DIV align=left>
<TABLE style="WIDTH: 98.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="14%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">Lenders</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="42%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">Currency</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">Payment</FONT></B></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">schedule</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">Interest payment</FONT></B></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">period</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">Interest rate</FONT></B></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">per annum</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="56%" colSpan=2>
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">Overseas bank</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">US$</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">Semi-annually</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">Semi-annually</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">4.00% - 6.67%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="56%" colSpan=2>
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">Semi-annually</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">Semi-annually</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">7.57% - 7.73%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="56%" colSpan=2>
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">Yen</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">Semi-annually</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">Semi-annually</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">3.10%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 11pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 27pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
loans are intended for the development of telecommunications infrastructure and
supporting equipment. The loans are payable in semi-annual installments and are
due on various dates through 2024.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.4pt; MARGIN: 0in 0in 0pt 21.7pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Since
2008, the Company has used all facilities under the two-step loans program and
the drawdown period for the two-step loans has expired.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
Company is required to maintain financial ratios as follows: </FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -14.7pt; MARGIN: 0in 0in 0pt 36.4pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.5pt; MARGIN: 0in 0in 0pt 36.4pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">a.&nbsp;&nbsp;&nbsp;&nbsp; Projected net revenue to
projected debt service ratio should exceed 1.5:1 and 1.2:1 for
the&nbsp;&nbsp;&nbsp;&nbsp; two-step loans originating from the World Bank and
Asian Development Bank (&#8220;ADB&#8221;), respectively.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.5pt; MARGIN: 0in 0in 0pt 36.4pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">b.&nbsp;&nbsp;&nbsp;&nbsp; Internal financing (earnings
before depreciation and interest expense) should exceed 50% and 20% compared to
annual average capital expenditures for loans originating from World Bank and
ADB, respectively.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -14.7pt; MARGIN: 0in 0in 0pt 36.4pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">As of
September 30, 2011, the Company complied with the above mentioned ratios.
</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Refer
to Note 44 for details of related party transactions. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">21.&nbsp; BONDS AND NOTES </FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 27pt; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P>
<DIV align=left>
<TABLE style="WIDTH: 98.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><SUP><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><SUP><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December 31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><SUP><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><SUP><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><SUP><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September 30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><SUP><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><SUP><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><SUP><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Outstanding</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><SUP><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><SUP><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Outstanding</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><SUP><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><SUP><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Original currency</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rupiah</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Original currency</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rupiah</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Bonds and notes</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Currency</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(in millions)</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">equivalent</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(in millions)</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">equivalent</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Bonds</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Series A</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,005,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,005,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Series B</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,995,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,995,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Medium Term Notes(&#8220;MTN&#8221; )</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Metra</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">47,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">39,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Sigma</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">30,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">30,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Finnet</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">23,750</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">19,700</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Promissory Notes</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">PT. ZTE Indonesia (&#8220;ZTE&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">US$</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">7.08</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">63,824</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10.41</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">91,598</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Huawei Tech</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">US$</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">23.46</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">211,524</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">54.96</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">483,679</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,376,098</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,663,977</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Current maturities (Note 19a)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(126,719</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(290,008</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Long-term portion </FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note
      19b)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,249,379</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,373,969</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 27pt; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></SUP></P>
<P style="TEXT-ALIGN: center">64</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_67></A>
<a name="_bclPageBorder69"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">21.&nbsp; BONDS AND NOTES </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">a.&nbsp;&nbsp;&nbsp;&nbsp;
Bonds</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 9pt; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P>
<DIV align=left>
<TABLE style="WIDTH: 96.58%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 38pt" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="23%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=left><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Bonds</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Principal</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Issuer</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Listed on</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 0pt; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 0pt; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Issuance date</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Maturity date</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 0.95pt; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 0.95pt; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Interest</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 0.95pt; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">payment</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 0.95pt; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">method</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 0pt; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 0pt; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Interest</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 0pt; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">rate</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 0pt; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">per annum</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0pt; punctuation-wrap: simple" align=left><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">Series A</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">1,005,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">The Company</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">IDX</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0pt; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0pt; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">June 25, 2010</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">July 6, 2015</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.95pt; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.95pt; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">Quarterly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">9.60%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">Series B</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">1,995,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">The Company</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">IDX</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0pt; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0pt; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">June 25, 2010</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">July 6, 2020</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.95pt; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.95pt; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">Quarterly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">10.20%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0pt; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=left><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Total</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">3,000,000</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0pt; punctuation-wrap: simple"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0pt; punctuation-wrap: simple"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.95pt; punctuation-wrap: simple"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.95pt; punctuation-wrap: simple"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0pt; punctuation-wrap: simple"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0pt; punctuation-wrap: simple"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0pt; punctuation-wrap: simple"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; punctuation-wrap: simple"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 8pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
bonds are secured by all assets owned by the Company. The underwriter of the
bonds are </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">PT Bahana Securities, PT Danareksa Sekuritas and PT
Mandiri Sekuritas. And the trustee is PT CIMB Niaga Tbk.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
Company received the proceeds of the issuance of bonds on July 6,
2010.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; punctuation-wrap: simple"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 8pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
funds received from public offering of bonds net of issuance costs, are to be
used for increasing capital expenditure which consisted of: wave broadband
(bandwidth, softswitching, datacom, information technology and others),
infrastructure (backbone, metro network, regional metro junction, internet
protocol, and satellite system), and optimizing legacy and supporting facilities
(fixed wireline and wireless).</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">As of
September 30, 2011, the rating for the bonds issued by </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">PT
Pemeringkat Efek Indonesia (Pefindo) is idAAA (</FONT><I><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">stable
outlook</FONT></I><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">).&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 22.05pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Based
on indenture trusts agreement, the Company is required to comply with all
covenants or restrictions including maintaining financial ratios as
follows:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">1.&nbsp;&nbsp;&nbsp;&nbsp; Debt to equity ratio should
not exceed 2:1.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2.
&nbsp;&nbsp;&nbsp; EBITDA to interest expenses ratio should not be less than
5:1.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">3.&nbsp;&nbsp;&nbsp;&nbsp; Debt service coverage is
125%</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">As of
September 30, 2011, the Company complied with the above mentioned
ratios.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; punctuation-wrap: simple"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">b.&nbsp;&nbsp;&nbsp;&nbsp;
MTN</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 96.76%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="5%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=left><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Notes</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="50%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Principal</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Issuance</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">date</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 0pt; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 0pt; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Maturity</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 0pt; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">date</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Interest</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">payment</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">method</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=left><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="55%" colSpan=2>
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">MTN</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0pt; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0pt; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="55%" colSpan=2>
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">Metra</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0pt; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 0pt; punctuation-wrap: simple" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="55%" colSpan=2>
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">Phase 1</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">30,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">June 9, 2009</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0pt; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 0pt; punctuation-wrap: simple" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">June 19, 2012</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">Quarterly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="55%" colSpan=2>
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">Phase 2</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">20,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">February 1, 2010</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0pt; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 0pt; punctuation-wrap: simple" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">February 2, 2013</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">Quarterly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="55%" colSpan=2>
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">Sigma</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">30,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">October 16, 2009</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0pt; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 0pt; punctuation-wrap: simple" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">November 17,2014</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">Semi-annually</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="55%" colSpan=2>
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">Finnet</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0pt; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 0pt; punctuation-wrap: simple" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="55%" colSpan=2>
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">Phase 1</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">10,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">October 16, 2009</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0pt; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 0pt; punctuation-wrap: simple" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">November 17, 2012</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">Monthly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="55%" colSpan=2>
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">Phase 2</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">15,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">March 18, 2010</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0pt; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 0pt; punctuation-wrap: simple" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">March 24, 2013</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">Monthly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="100%" colSpan=11>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">The
      Arranger of the Medium Term Notes is </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">PT Bahana Securities, Bank
      Mega is acting as Trustee, and PT Kustodian Sentral Efek Indonesia
      (&#8220;KSEI&#8221;) acting as Collecting Agent and
Custodian.</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: center">65</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_68></A>
<a name="_bclPageBorder70"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">21.&nbsp; BONDS AND NOTES </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">b.&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=EN-US color=windowtext face="Times New Roman">MTN (continued)</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">i.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Metra</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Proceeds from the issuance of MTN were used to expand the
business and as working capital.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">The MTN bear floating interest rates for the first year
of 15.05% and 12.01% for the first and second phase, respectively. For the
second and third years, interest rate for the first and second phase is the
average return (yield) of three Government Bonds (&#8220;Surat Utang Negara&#8221; or SUN)
with a remaining period of time equal to the second and third years of MTN plus
a 4.02% premium. Repayment of the principal is in increments of 10%, 20% and 70%
on the first, second and third anniversary of the Issuance Date,
respectively.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 8pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Metra secures with a minimum value of 40% of the
outstanding MTN principal. The maximum value of 60% of the outstanding MTN
principal is unsecured and at all times ranked (pari passu) with other unsecured
debts of Metra. Metra may buy back all or part of the MTN at any time before the
maturity date of the MTN.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Based on the agreements, Metra is required to comply with
all covenants or restrictions including maintaining financial ratios as
follows:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 8pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">1.
&nbsp;&nbsp;&nbsp; Debt to Equity maximum 1.5:1</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2.
&nbsp;&nbsp;&nbsp; EBITDA to Interest Ratio minimum 2.5. </FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 8pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">As of September 30, 2011, Metra complied with the above
mentioned ratios.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 22.5pt; punctuation-wrap: simple"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 6pt" lang=IN color=windowtext face="Times New Roman">&nbsp;&nbsp; &nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">ii.&nbsp;&nbsp;&nbsp;&nbsp;
Sigma</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Proceeds from the issuance of MTN were used to expand the
business.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
MTN bear interest rates for the first year of 14.5% and for the second up to the
fifth years from the Issuance Date based upon the average interest rate of
one-month SBI plus a 800 basis points premium. One-month SBI is calculated based
on the average interest rates of one-month SBI in the last 6 months at the time
of the determination of the interest of MTN. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
MTN are not secured by a specific collateral, but secured by all of Sigma&#8217;s
assets. These movable or fixed property, either existing or in the future, are
collateral for assets of MTN holders and at all times ranked (pari passu)
without any preference with other creditor privileges in accordance with
prevailing regulations. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Based
on the agreements, Sigma is required to comply with all covenants or
restrictions including maintaining financial ratios as follows:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 8pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">1.
&nbsp;&nbsp;&nbsp; Debt to Equity maximum 2.5:1 </FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Funded debt and maximum
of five times EBITDA in 2009, three and a half times in 2010 and two and a half
times in 2011.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">As of
September 30, 2011, Sigma complied with the above mentioned ratios.</FONT></P>
<P style="TEXT-ALIGN: center">66</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_69></A>
<a name="_bclPageBorder71"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">21.&nbsp; BONDS AND NOTES </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">b.&nbsp;&nbsp;&nbsp;&nbsp; MTN
(continued)</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">iii.&nbsp;&nbsp;&nbsp; Finnet</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 8pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Proceeds from issuance of MTN were used for the
investment of hardware and software, project development and bridging loan
payments for projects.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Repayment of principal for the first phase MTN are 1%
each month on the 7<SUP>th</SUP> until 12<SUP>th</SUP> month, 2% each month on
the 13<SUP>th</SUP> until 35<SUP>th</SUP> month, and the remaining 48% will be
paid on November 17, 2012.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Repayment of principal for the second phase MTN are 2%
each month on the following month until 35<SUP>th</SUP> month and the remaining
30% will be paid on March 24, 2013.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
MTN bear interest rates of 16.25% per annum.&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">MTN
are not secured by a specific collateral, but secured by all Finnet&#8217;s assets
which are movable property or fixed property, either existing or in the future
will become collateral for MTN holders and at all times ranked (pari passu)
without any preference with other Finnet&#8217;s creditor privileges in accordance
with prevailing regulations. Finnet may buy back all or part of the MTN at any
time before the maturity date of the MTN. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Based
on the agreements, Finnet is required to comply with all covenants or
restrictions including maintaining financial ratio as follows:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 8pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">1.&nbsp;&nbsp;&nbsp;&nbsp; Debt to Equity maximum 2.5:1
(only if MTN is given by Finnet to third party)</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2.&nbsp;&nbsp;&nbsp;&nbsp; EBITDA to Interest Ratio
minimum 2.5.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: 150%; FONT-SIZE: 8pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">As of
September 30, 2011, Finnet complied with the above mentioned ratios.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.4pt; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Refer
to Note 44 for details of related party transactions. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">c.&nbsp;&nbsp;&nbsp;&nbsp; Promissory
Notes</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; punctuation-wrap: simple"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 5pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<DIV align=left>
<TABLE style="WIDTH: 96.76%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="33%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Supplier</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Currency</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Principal</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(in
      millions)</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Issuance</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">date</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Payment</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">schedule</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Interest
      payment</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">method</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Interest
      rate</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">per
      annum</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 62.8pt">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 62.8pt; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">PT.
      ZTE</FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"> </FONT><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Indonesia&nbsp;</FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">
      </FONT><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(&#8220;ZTE&#8221;)&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 62.8pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 62.8pt; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">US$</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 62.8pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 62.8pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">100</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 62.8pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 62.8pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">August 20,
      2009</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 62.8pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 62.8pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Semi-annually</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(June 10,
      2012 -</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">February
      11, 2014)</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 62.8pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 62.8pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Semi-annually</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 62.8pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 62.8pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6 month
      LIBOR+2.5%</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 62.8pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR style="HEIGHT: 62.8pt">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 62.8pt; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">PT Huawei
      Tech</FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"> </FONT><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Investment&nbsp;</FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">
      </FONT><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(&#8220;Huawei Tech&#8221;)</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 62.8pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 62.8pt; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">US$</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 62.8pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 62.8pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">300</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 62.8pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 62.8pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">June 19,
      2009</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 62.8pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 62.8pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Semi-annually</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(September
      19, 2010 -</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">February
      25, 2014)</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 62.8pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 62.8pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Semi-annually</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 62.8pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 62.8pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6 month
      LIBOR+2.5%</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 62.8pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Based
on Agreement of Frame Supply and Deferred Payment Arrangement between the
Company with ZTE and Huawei Tech, the promissory notes issued by the Company to
ZTE and Huawei Tech is an unsecured supplier financing facility covered 85% of
Hand Over Report (&#8220;Berita Acara Serah Terima&#8221; or BAST) projects with ZTE and
Huawei Tech.</FONT></P>
<P style="TEXT-ALIGN: center">67</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_70></A>
<a name="_bclPageBorder72"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">22.&nbsp; BANK LOANS</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 27pt; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P>
<DIV align=left>
<TABLE style="WIDTH: 98.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">December 31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">September 30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><SUP><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><SUP><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><SUP><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><SUP><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Outstanding</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><SUP><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><SUP><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Outstanding</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Original currency</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rupiah</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Original currency</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rupiah</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Lenders</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Currency</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(in millions)</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">equivalent</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(in millions)</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">equivalent</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">The Export-Import Bank of Korea (&#8220;Korea
      Eximbank&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">US$</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">11.76</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">105,989</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Bank Mandiri</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">3,075,556</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2,111,111</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">BCA</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2,755,556</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2,291,111</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">BNI</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">1,150,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">583,333</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Bank CIMB Niaga</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">24,215</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">74,506</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">BRI</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">822,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">258,750</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Bank Ekonomi</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">79,378</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">66,997</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">US$</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">0.42</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">3,714</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Syndication of banks</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">4,500,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">3,225,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">PT Bank OCBC Indonesia (&#8220;OCBC
    Indonesia&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">177,600</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">155,400</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">OCBC NISP</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">444,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">388,500</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">ABN Amro Bank N.V. Stockholm Branch and Standard
      Chartered Bank</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">US$</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">54.18</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">487,106</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">47.17</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">438,171</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Industrial and Commercial Bank of China Limited
      (&#8220;ICBC&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">US$</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">46.36</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">416,783</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">40.47</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">374,912</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Bank of China (&#8220;BoC&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">US$</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">17.68</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">158,959</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">18.83</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">166,635</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Finnish Export Credit Ltd</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">US$</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">16.58</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">149,062</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">47.60</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">454,789</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Japan Bank for International Cooperation
      (&#8220;JBIC&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">US$</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">53.90</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">485,907</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">46.02</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">421,615</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">BTN</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">7,084</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">PT Bank Index Selindo (&#8220;Bank Index&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">502</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">539</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Total</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">14,839,697</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">11,015,083</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Unamortized debt issue cost</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(105,245</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(96,450</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">14,734,452</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">10,918,633</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Current maturities (Note 19a)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(4,478,247</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(3,396,958</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="44%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Long-term portion</FONT></B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">
      (Note 19b)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">10,256,205</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">7,521,675</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.4pt; MARGIN: 0in 0in 0pt 21.7pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Refer
to Note 44 for details of related party transactions. </FONT></P>
<P style="TEXT-ALIGN: center">68</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_71></A>
<a name="_bclPageBorder73"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">22.&nbsp; BANK LOANS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 8pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 98.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.4pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.4pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Total</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.4pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.4pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">facility</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Interest</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Interest rate</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Borrower</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Currency</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.4pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.4pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(in millions)</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Payment schedule</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Payment period</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">per annum</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Security</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">The Export-Import Bank of Korea (&#8220;Korea
      Eximbank&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.4pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.4pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 36.45pt">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 36.45pt; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">August 27, 2003<SUP>a</SUP></FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 36.45pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 36.45pt; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">The Company</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 36.45pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 36.45pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">US$</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 36.45pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.4pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 36.45pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.4pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">124</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 36.45pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 36.45pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Semi-annually</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(December 30, 2006</FONT><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"> -
      </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">June 30, 2011)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 36.45pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 36.45pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Semi-annually</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 36.45pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 36.45pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">5.68%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 36.45pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 36.45pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">None</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 36.45pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Bank Mandiri</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.4pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.4pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 37.65pt">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">December 23, 2008<SUP>b</SUP></FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Telkomsel</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.4pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.4pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">1,300,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Semi-annually</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(July 30, 2009 -</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">July 30, 2011)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Monthly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">3 month</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">JIBOR+2.25%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">None</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 38.7pt">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 38.7pt; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">July 3, 2009<SUP>b</SUP></FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 38.7pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 38.7pt; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Telkomsel</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 38.7pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 38.7pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 38.7pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.4pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 38.7pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.4pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2,000,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 38.7pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 38.7pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Semi-annually</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(January 9, 2010 -</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">January 9, 2014)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 38.7pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 38.7pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Quarterly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 38.7pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 38.7pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">3 months</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">JIBOR+1.50%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 38.7pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 38.7pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">None</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 38.7pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 0.5in">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.5in; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">July 5, 2010<SUP>b&amp;l</SUP></FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.5in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.5in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Telkomsel</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.5in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.5in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.5in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.4pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.5in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.4pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">3,000,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.5in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.5in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Semi-annually</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(January 5, 2012 -</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">January 5, 2016)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.5in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.5in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Quarterly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.5in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.5in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">3 months</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">JIBOR+1.20%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.5in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.5in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">None</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.5in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">BCA</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.4pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.4pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 35.1pt">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 35.1pt; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">July 14, 2008<SUP>b</SUP></FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 35.1pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 35.1pt; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Telkomsel</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 35.1pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 35.1pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 35.1pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.4pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 35.1pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.4pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">1,000,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 35.1pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 35.1pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Semi-annually</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(January 21, 2009 -</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">January 21, 2011)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 35.1pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 35.1pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Quarterly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 35.1pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 35.1pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">1 month</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">JIBOR+1.50%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 35.1pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 35.1pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">None</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 35.1pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 38.25pt">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 38.25pt; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">July 3, 2009<SUP>b</SUP></FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 38.25pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 38.25pt; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Telkomsel</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 38.25pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 38.25pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 38.25pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.4pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 38.25pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.4pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2,000,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 38.25pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 38.25pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Semi-annually</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(January 9, 2010 -</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">January 9, 2014)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 38.25pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 38.25pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Quarterly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 38.25pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 38.25pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">3 months</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">JIBOR+1.50%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 38.25pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 38.25pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">None</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 38.25pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 35.55pt">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 35.55pt; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">July 5, 2010<SUP>b&amp;l</SUP></FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 35.55pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 35.55pt; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Telkomsel</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 35.55pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 35.55pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 35.55pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.4pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 35.55pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.4pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2,000,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 35.55pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 35.55pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Semi-annually</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(January 5, 2012 -</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">January 5, 2016)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 35.55pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 35.55pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Quarterly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 35.55pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 35.55pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">3 months</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">JIBOR+1.20%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 35.55pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 35.55pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">None</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 35.55pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 37.65pt">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">December 16, 2010</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">TII</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.4pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.4pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">200,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Semi-annually</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(June 1, 2011 -</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">December 1, 2015)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Quarterly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">3 months</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">JIBOR+1.25%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">None</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">BNI</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.4pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.4pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 37.8pt">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.8pt; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">July 14, 2008<SUP>b</SUP></FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.8pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.8pt; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Telkomsel</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.8pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.8pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.8pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.4pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.8pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.4pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2,000,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.8pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.8pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Semi-annually</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(January 21, 2009 -</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">January 21, 2011)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.8pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.8pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Quarterly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.8pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.8pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">1 month</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">JIBOR+1.50%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.8pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.8pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">None</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.8pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 0.5in">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.5in; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">July 3, 2009<SUP>b</SUP></FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.5in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.5in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Telkomsel</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.5in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.5in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.5in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.4pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.5in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.4pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">750,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.5in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.5in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Semi-annually</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(January 3, 2011 -</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">January 3, 2015)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.5in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.5in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Quarterly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.5in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.5in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">3 months</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">JIBOR+3.00%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.5in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.5in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">None</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.5in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">October 13, 2010<SUP>f</SUP></FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">The Company</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.4pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.4pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">1,000,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Semi-annually</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Quarterly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">3 months JIBOR+1.25%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">None</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Bank CIMB Niaga</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.4pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.4pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 37.65pt">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">March 21, 2007</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">GSD</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.4pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.4pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">20,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Quarterly</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(April 2007 -</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">July 2015)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Monthly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">13%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Property,</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">plants and</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">equipments (Note 11)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 37.65pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: center">69</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_72></A>
<a name="_bclPageBorder74"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">22.&nbsp; BANK LOANS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 8pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 98.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="23%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Borrower</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Currency</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Total</FONT></B></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">facility</FONT></B></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(in millions)</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Payment</FONT></B></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">schedule</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Interest</FONT></B></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">payment</FONT></B></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">period</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.35pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.35pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Interest</FONT></B></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.35pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">rate</FONT></B></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.35pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">per annum</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Security</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Bank CIMB Niaga (continued)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.35pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.35pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 0.7in">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.7in; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">November 23, 2007</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.7in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.7in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">GSD</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.7in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.7in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.7in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.7in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">8,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.7in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.7in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Monthly</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(December 23, 2007 -</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">November</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">23</FONT><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2012)&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.7in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.7in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Monthly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.7in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.35pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.7in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.35pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">11%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.7in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.7in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Property,</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">plants and</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">equipments</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(Note 11)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.7in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 113pt">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 113pt; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">July 28, 2009<SUP>c</SUP></FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 113pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 113pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Balebat</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 113pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 113pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 113pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 113pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2,743</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 113pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 113pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Monthly</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(February 28, 2010 -</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">December 28, 2014)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 113pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 113pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Monthly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 113pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.35pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 113pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.35pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">11.50%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 113pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 113pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Property,</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">plants and</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">equipments</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(Note 11),</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">inventories</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(Note 7),</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">and trade</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">receivables</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(Note 6)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 113pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 113pt">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 113pt; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">May 24, 2010</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 113pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 113pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Balebat</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 113pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 113pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 113pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 113pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">3,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 113pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 113pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Monthly</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(June 9, 2010 -</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">May 27, 2015)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 113pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 113pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Monthly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 113pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.35pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 113pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.35pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">11.50%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 113pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 113pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Property,</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">plants and</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">equipments</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(Note 11),</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">inventories</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(Note 7),</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">and trade</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">receivables</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(Note 6)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 113pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 75.35pt">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">March 31, 2011</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">GSD</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">13,400</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Monthly</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(June 7, 2011 -</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">September 7, 2019)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Monthly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.35pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.35pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">9.75%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Property,</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">plants and</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">equipments</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">and trade</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">receivables</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(Note 6)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 75.35pt">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">March 31, 2011</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">GSD</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">23,550</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Monthly</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(April 1, 2011 -</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">October 1, 2019)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Monthly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.35pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.35pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">9.75%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Property,</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">plants and</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">equipments</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">and trade</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">receivables</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(Note 6)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 75.35pt">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">March 31, 2011</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">GSD</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">11,800</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Monthly</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(July 5, 2011 -</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">September 5, 2015)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Monthly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.35pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.35pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">9.75%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Property,</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">plants and</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">equipments</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">and trade</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">receivables</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(Note 6)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 75.35pt">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">September 9, 2011</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">GSD</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">11,050</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Monthly</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(September 9, 2011 -</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">March 9, 2015)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Monthly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.35pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.35pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">9.75%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Property,</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">plants and</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">equipments</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">and trade</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">receivables</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(Note 6)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 75.35pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: center">70</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_73></A>
<a name="_bclPageBorder75"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">22.&nbsp; BANK LOANS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 8pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 98.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="23%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.1pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.1pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Total</FONT></B></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.1pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">facility</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.15pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.15pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Interest</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Interest</FONT></B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> </FONT><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">rate&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="23%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Borrower</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Currency</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.1pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.1pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(in millions)</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Payment schedule</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.15pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.15pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Payment period</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">per annum</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Security</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">BRI</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.1pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.1pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.15pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.15pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 0.55in">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.55in; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">July 28, 2008<SUP>b</SUP></FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.55in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.55in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Telkomsel</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.55in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.55in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.55in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.1pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.55in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.1pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">1,000,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.55in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.55in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Semi-annually </FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(February 4, 2009 -</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">February 4, 2011)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.55in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.15pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.55in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.15pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Quarterly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.55in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.55in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">1 month JIBOR+1.50%</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.55in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.55in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">None</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.55in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">September 2, 2009<SUP>b</SUP></FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Telkomsel</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.1pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.1pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">800,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Semi-annually </FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(March 8, 2010 -</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">March 8, 2014)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.15pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.15pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Quarterly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">3 months JIBOR+1.50%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">None</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">October 13, 2010<SUP>g</SUP></FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">The Company</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.1pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.1pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">3,000,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Semi-annually </FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(April 13, 2013 -</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">October 13, 2015)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.15pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.15pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Quarterly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">3 months JIBOR+1.25%</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">None</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">July 20, 2011</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Dayamitra</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.1pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.1pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">1,000,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Semi-annually </FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(September 29, 2011 -</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September 29, 2017)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.15pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.15pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Quarterly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">3 months JIBOR+1.40%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Property,</FONT><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"> plants and</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">equipments</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 11)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Bank Ekonomi</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.1pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.1pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.15pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.15pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">December 7, 2006<SUP>d</SUP></FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Sigma</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.1pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.1pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">14,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Monthly </FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(December 12, 2006 -December 12,
2012)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.15pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.15pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Monthly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">9.00%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Property,</FONT><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"> plants and</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">equipments</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 11),</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">and trade</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">receivables</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 6)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">March 9, 2007<SUP>d</SUP></FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Sigma</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.1pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.1pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">13,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Monthly </FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(January 2008 -</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December 2012)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.15pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.15pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Monthly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">9.00%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Property,</FONT><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"> plants and</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">equipments</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 11),</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">and trade</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">receivables</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 6)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">September 10, 2008<SUP>d</SUP></FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Sigma</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.1pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.1pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">33,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Monthly </FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(April 2009 -</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">March 2015)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.15pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.15pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Monthly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">9.00%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Property,</FONT><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"> plants and</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">equipments</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 11),</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">and trade</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">receivables</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 6)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">August 7, 2009<SUP>d&amp;e</SUP></FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Sigma</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.1pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.1pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">35.000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Monthly </FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">some installment</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(September 4, 2009 -</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">August 25, 2013)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.15pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.15pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Monthly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">9.00%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Property,</FONT><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"> plants and</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">equipments</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 11),</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">and trade</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">receivables</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 6)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">August 7, 2009<SUP>d</SUP></FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Sigma</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.1pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.1pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">20,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Monthly </FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">some installment</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(November 19, 2009 - August 4, 2014)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.15pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.15pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Monthly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">9.00%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Property,</FONT><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"> plants and</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">equipments</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 11),</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">and trade</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">receivables</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 6)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">February 23, 2011</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Sigma</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.1pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.1pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">30,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Monthly </FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(March 24, 2011- February 24, 2015)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.15pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 1.15pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Monthly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">9.00%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Property,</FONT><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"> plants and</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">equipments</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 11),</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">and trade</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">receivables</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 6)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0in 22.5pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: center">71</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_74></A>
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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">22.&nbsp; BANK LOANS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 8pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 95.14%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>

  <TR style="HEIGHT: 0.15in">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="25%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Total facility</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Payment</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Interest payment</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 2.75pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Interest rate</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR style="HEIGHT: 0.15in">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="25%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Borrower</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Currency</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(in millions)</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">schedule</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">period</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 2.75pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">per annum</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Security</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR style="HEIGHT: 0.15in">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="25%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Bank Ekonomi (continued)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 2.75pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR style="HEIGHT: 0.15in">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="25%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">February 23, 2011</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Sigma</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">US$</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Monthly</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(September 23, 2011 - September 23,
    2015)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Monthly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 2.75pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">6.00%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Property,</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">plants and</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">equipments</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(Note 11),</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">and trade</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">receivables</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(Note 6)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 0.15in">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="25%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Syndication of banks</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 2.75pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 0.15in">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="25%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">July 29, 2008<SUP>f</SUP> (BNI, BRI and Bank
      Jabar)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">The Company</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2,400,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Semi-annually</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(February 25, 2010 -</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">July 28, 2013)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Quarterly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 2.75pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">3 months</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">JIBOR+1.20%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">None</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 0.15in">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="25%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">June 16, 2009<SUP>f</SUP> (BNI and
    BRI)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">The Company</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2,700,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Semi-annually</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(January 25, 2011 -</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">June 15, 2014)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Quarterly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 2.75pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">3 months</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">JIBOR+2.45%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">None</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 0.15in">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="25%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">PT ANZ Panin Bank (&#8220;ANZ Panin&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 2.75pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 0.15in">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="25%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">September 4, 2009<SUP>b&amp;m</SUP></FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Telkomsel</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">1,000,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Semi-annually</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(March 8, 2010 -</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">March 8, 2014)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Quarterly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 2.75pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">3 months</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">JIBOR+1.75%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">None</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 0.15in">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="25%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">BII</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 2.75pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 0.15in">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="25%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">September 15, 2009<SUP>b&amp;n</SUP></FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Telkomsel</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">500,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Semi-annually</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(March 29, 2010 -</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">March 29, 2014)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Quarterly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 2.75pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">3 months</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">JIBOR+2.06%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">None</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 0.15in">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="25%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">PT Bank OCBC Indonesia (&#8220;OCBC
    Indonesia&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 2.75pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 0.15in">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="25%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">November 2, 2009<SUP>b</SUP></FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Telkomsel</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">200,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Semi-annually</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(November 2, 2010 -</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">November 2, 2014)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Quarterly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 2.75pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">3 months</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">JIBOR+3.00%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">None</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 0.15in">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="25%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">OCBC NISP</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 2.75pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 0.15in">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="25%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">November 2, 2009<SUP>b</SUP></FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Telkomsel</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">500,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Semi-annually</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(November 2, 2010 -</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">November 2, 2014)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Quarterly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 2.75pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">3 months</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">JIBOR+3.00%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">None</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 0.15in">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="25%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">ABN Amro Bank N.V. Stockholm Branch and Standard
      Chartered Bank</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 2.75pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 0.15in">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="25%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">December 30, 2009<SUP>b&amp;g</SUP></FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Telkomsel</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">US$</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">318</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Semi-annually</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(April 2011 </FONT><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">- &nbsp;</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">October</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2016)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Semi-annually</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 2.75pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">6 months</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">LIBOR+0.82%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">None</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 0.15in">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="25%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Industrial and Commercial Bank of China Limited
      (&#8220;ICBC&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 2.75pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 0.15in">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="25%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">December 30, 2009<SUP>b&amp;h</SUP></FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Telkomsel</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">US$</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">266</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Semi-annually</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(Juni 2011 -</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">December 2016)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Semi-annually</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 2.75pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">6 months</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">LIBOR+1.20%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">None</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 0.15in">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="25%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Bank of China (&#8220;BoC&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 2.75pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 0.15in">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="25%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">December 30, 2009<SUP>b</SUP></FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Telkomsel</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">US$</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">100</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Semi-annually</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(June 30, 2012 - December 30,</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2017)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Semi-annually</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 2.75pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">6 months</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">LIBOR+2.55%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">None</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 0.15in">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="25%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Finnish Export Credit Ltd</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 2.75pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 0.15in">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="25%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">March 2, 2010<SUP>b&amp;i</SUP></FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Telkomsel</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">US$</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">264</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="11%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Semi-annually</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(January 2011 -</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Juli 2015)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Semi-annually</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 2.75pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">CIRR+2.50%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">None</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: center">72</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_75></A>
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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">22.&nbsp; BANK LOANS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 8pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 98.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Total Facility</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Payment</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Interest</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="13%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Interest rate</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Borrower</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Currency</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(in millions)</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">schedule</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Payment period</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="13%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">per annum</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Security</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Japan Bank for International Cooperation
      (&#8220;JBIC&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="13%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR style="HEIGHT: 36.9pt">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 36.9pt; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">March 26, 2010<SUP>j&amp;k</SUP></FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 36.9pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 36.9pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">The Company</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 36.9pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 36.9pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">US$</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 36.9pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 36.9pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">59.89</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 36.9pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 36.9pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Semi-annually</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(October 26, 2010 -</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">April 26, 2015)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 36.9pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 36.9pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Semi-annually</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 36.9pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 36.9pt; PADDING-TOP: 0in" vAlign=top width="13%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">4.56% and</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">6 months</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">LIBOR+0.70%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 36.9pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 36.9pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">None</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 36.9pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">BTN</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="13%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 87.9pt">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 87.9pt; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">September 10, 2009<SUP>o</SUP></FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 87.9pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 87.9pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Ad Medika</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 87.9pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 87.9pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 87.9pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 87.9pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">9,500</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 87.9pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 87.9pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Monthly</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(September 10,</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2009</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">- September 10,</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2014)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 87.9pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 87.9pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Monthly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 87.9pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 87.9pt; PADDING-TOP: 0in" vAlign=top width="13%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">13.50%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 87.9pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 87.9pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Property,</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">plants and</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">equipments</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(Note 11)</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">and trade</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">receivables</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(Note 6)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 87.9pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 12.15pt">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.15pt; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Bank Index</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.15pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.15pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.15pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.15pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.15pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.15pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.15pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.15pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.15pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.15pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.15pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.15pt; PADDING-TOP: 0in" vAlign=top width="13%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.15pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.15pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.15pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">May 12, 2010</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Balebat</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">590</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Monthly (September 2010 -</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">August 2012)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Monthly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="13%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">14.00%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Property,</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 87.9pt">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 87.9pt; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">July 15, 2011</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 87.9pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 87.9pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Balebat</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 87.9pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 87.9pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 87.9pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 87.9pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">248</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 87.9pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 87.9pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Monthly</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(July 15, 2011 -</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">July 15, 2012)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 87.9pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 87.9pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Monthly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 87.9pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 87.9pt; PADDING-TOP: 0in" vAlign=top width="13%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">13.00%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 87.9pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 87.9pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">plants and</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">equipments</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(Note 11)</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Property,</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">plants and</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">equipments</FONT></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(Note 11)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 87.9pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR style="HEIGHT: 13.5pt">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 13.5pt; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Standard Chartered Bank</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 13.5pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 13.5pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 13.5pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 13.5pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 13.5pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 13.5pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 13.5pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 13.5pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 13.5pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 13.5pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 13.5pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 13.5pt; PADDING-TOP: 0in" vAlign=top width="13%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 13.5pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 13.5pt; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 13.5pt; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">December 6, 2010</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">TII</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">US$</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">8</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Monthly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Monthly</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="13%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2.00%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">None</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="100%" colSpan=16>
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P>
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 4.5pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">The credit facilities obtained by the Company and
      its subsidiaries are used for working capital purpose.</FONT></P>
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 27pt"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P>
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 13.5pt"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">a
      </FONT></SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">The credit facility obtained by the Company is used
      for financing the Code Division Multiple Acess (&#8220;CDMA&#8221;) procurement from
      the Samsung consortium. In June 30, 2011, the loan was fully
      repaid.</FONT></P>
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 13.5pt"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">b
      </FONT></SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Telkomsel has no collateral for its bank loans, or
      other credit facilities. The terms of the various agreements with
      Telkomsel&#8217;s lenders and financiers require compliance with a number of
      pledges and negative pledges as well as financial and other covenants,
      which include among other things, certain restrictions on the amount of
      dividends and other profit distributions which could adversely affect the
      Telkomsel&#8217;s capacity to comply with its obligation under the facility. The
      terms of the relevant agreements also contain default and cross default
      clauses. As of September 30, 2011, Telkomsel has complied with the above
      covenants.</FONT></P>
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 13.5pt"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">c
      </FONT></SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Based on the latest amendment on May
      24,&nbsp;2010.</FONT></P>
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 13.5pt"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">d
      </FONT></SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">These credit facilities includes certain
      restrictive covenants which require Sigma to obtain written consent from
      Bank Ekonomi prior to acting as guarantor for third party loan, mortgaging
      the land to other bank or third party, leasing the land to third party,
      withdrawing the facility exceeding the maximum facility limit, changing
      Sigma&#8217;s legal status, distributing or declaring dividend and paying
      shareholder&#8217;s receivables. As of September 30, 2011, Sigma has complied
      with the above covenants.</FONT></P>
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: center">73</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_76></A>
<a name="_bclPageBorder78"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">22.&nbsp; BANK LOANS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 27pt"><SUP><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 27pt"><SUP><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">e&nbsp;&nbsp;&nbsp; </FONT></SUP><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Based
on the latest amendment on September 17,&nbsp;2009.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 27pt"><SUP><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">f&nbsp;&nbsp;&nbsp;&nbsp; </FONT></SUP><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">As
stated in the agreements, the Company is required to comply with all covenants
or restrictions including maintaining financial ratios as follows, in which the
Company has complied with as of September 30, 2011 as follows:</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 27pt"><FONT style="FONT-SIZE: 5pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">1.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Debt to equity ratio should not exceed 2:1.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">2.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Debt service coverage ratio should exceed
125%.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 27pt"><SUP><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">g&nbsp;&nbsp;&nbsp; </FONT></SUP><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Pursuant to the agreements with PT Ericsson Indonesia
(&#8220;Ericsson Indonesia&#8221;) and Ericsson AB (Note 48a.ii), Telkomsel entered into an
EKN-Backed Facility Agreement (&#8220;facility&#8221;) with ABN Amro Bank N.V. Stockholm
Branch (as &#8220;the original lender&#8221;) &nbsp;and Standard Chartered Bank (&#8220;SCB&#8221;) (as
&#8220;the original lender&#8221; , &#8220;the arranger&#8221;, &#8220;the facility agent&#8221; and &#8220;the EKN
agent&#8221;), ABN Amro Bank N.V., Hong Kong (as &#8220;the arranger&#8221;) for the purchase of
Ericsson telecommunication equipment and services. The facilities consist of
facility 1, 2 and 3 amounting to US$117 million, US$106 million and US$95
million, respectively. The availability period of Facility 1 expired in July
2010 with no outstanding loan balance and the availability period of facility 2
expired in March 2011. Pursuant to expiry of availability period of Facility 2,
EKN agreed to reduce premium of the unused facility by US$3 million through a
cash refund. In September 2011, through SCB, Telkomsel informed EKN that
Telkomsel intends to withdraw US$44.4 million of Facility 3 and to cancel the
remaining Facility. Accordingly, Telkomsel requested that the premium is charged
proportionately to the amount drawn. As of the issuance date of the consolidated
financial statements, such request in still in process.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 27pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp; <SUP>h&nbsp;&nbsp;&nbsp;
</SUP>Pursuant to the agreements with Huawei International Pte.Ltd. (&#8220;Huawei
International&#8220;) and PT&nbsp;Huawei Tech Investment (&#8220;Huawei Tech&#8221;) (Note
48a.ii), Telkomsel entered into a Sinosure-Backed Facility Agreement with the
ICBC for the purchase of Huawei Tech telecommunication equipment and services.
The facilities consist of facility 1 and 2 amounting to US$166 million and
US$100 million, respectively, including premium of US$16 million.</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> The
availability period of Facility 1 expired in December 2010. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Pursuant to expiry of availability period of Facility 1,
Telkomsel has requested Sinosure to reduce a portion of premium for the unused
facility. As of the issuance date of the consolidated financial statements, the
negotiation is still in process. Telkomsel also requested the cancellation of
facility 2 (Note 53a).</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 27pt"><SUP><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; i&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></SUP><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Pursuant to agreements with Nokia Siemens Networks Oy, PT
Nokia Siemens Networks and Nokia Siemens Networks GmbH &amp; Co.KG (Note
48a.ii). Telkomsel entered into a Finnvera-backed facility agreement with
Finnish Export Credit Ltd (&#8220;FEC&#8221;) (as &#8220;the original lender&#8221;), Citibank, N.A.,
Jakarta Branch and Credit Suisse AG, Zurich (as &#8220;the arrangers&#8221;), The Hongkong
and Shanghai Banking Corporation (&#8220;HSBC&#8221;) limited (as &#8220;the arranger&#8221; and &#8220;the
FEC counterparty&#8221;), and HSBC Bank Plc (as &#8220;the agent&#8221;) for the purchase of Nokia
Siemens Networks telecommunication equipment and services. The facilities
consist of facility 1 and 2 amounting to US$127 million and US$137 million,
respectively, including premium of US$14 million. The availability period of
facility 1 expired in March 2011. Pursuant to expiry of availability period of
Facility 1, Finnvera agreed to reduce premium of unused facility through
cancelation of loan by US$2.8 million.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 27pt"><SUP><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; j&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></SUP><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">In connection with the agreement with NSW-Fujitsu
Consortium, the Company entered into a loan agreement with JBIC, the
international arm of Japan Finance Corporation for the purchase of NSW-Fujitsu
Consortium telecommunication equipment and services. The facilities consist of
facility&nbsp;A and&nbsp;B amounting to US$36 million and US$24
million.</FONT></P>
<P style="TEXT-ALIGN: center">74</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_77></A>
<a name="_bclPageBorder79"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">22.&nbsp; BANK LOANS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 27pt"><SUP><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 27pt"><SUP><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">k&nbsp;&nbsp;&nbsp; </FONT></SUP><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">As
stated in the agreements, the Company is required to comply with all covenants
or restrictions including maintaining financial ratios as follows, in which the
Company has complied with as of September 30, 2011 as follows:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 5pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">1.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Debt to equity ratio should not exceed 2:1.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">2.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Debt service coverage ratio should exceed
150%.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 27pt"><SUP><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">l&nbsp;&nbsp;&nbsp;&nbsp; </FONT></SUP><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Pursuant to expiry of availability periods of facilities
from BCA and Bank Mandiri, those banks have approved extension of the
availability periods to January 2012. The approval from BCA and Bank Mandiri for
extension of the availability period was formalized through amendment of loan
agreement on July 20 and 21, 2011.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 27pt"><SUP><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">m&nbsp;&nbsp; </FONT></SUP><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">On November 30, 2010, the
loan was fully repaid.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 27pt"><SUP><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">n&nbsp;&nbsp;&nbsp; </FONT></SUP><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">On
December 29, 2010, the loan was fully repaid.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 27pt"><SUP><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">o&nbsp;&nbsp;&nbsp; </FONT></SUP><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">On
July 8, 2011, the loan was fully repaid.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 27pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">23.&nbsp; DEFERRED CONSIDERATION FOR BUSINESS
COMBINATIONS</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Deferred consideration represents the Company's
obligations to the Selling Stockholders of MGTI in respect of the Company&#8217;s
acquisition of KSO IV and BSI in respect of the Company&#8217;s acquisition of KSO
VII, with details as follows:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<DIV align=left>
<TABLE style="WIDTH: 98.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="83%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="83%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">KSO IV
      transaction</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="83%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">MGTI</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">61,552</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="83%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Less discount</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="83%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">61,552</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="83%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">KSO VII
      transaction</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="83%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">BSI</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">43,693</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="83%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Less discount</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="83%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">43,693</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="83%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">105,245</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="83%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Current
      maturity - net of discount (Note 19a)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(105,245</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="83%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Long-term
      portion - net of discount </FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 19b)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: center">75</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_78></A>
<a name="_bclPageBorder80"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">23.&nbsp; DEFERRED CONSIDERATION FOR BUSINESS
COMBINATIONS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">a.&nbsp;&nbsp;&nbsp;&nbsp; KSO IV
transaction</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
outstanding balance relating to the KSO IV transaction arose from acquisition of
KSO IV by the Company, based on amendment and restatement of KSO agreement
entered into by the Company and MGTI on January&nbsp;20,&nbsp;2004. Based on the
agreement, in consideration for the Company obtaining legal right to control the
financial and operating decision of KSO IV, the Company has agreed to pay MGTI
the total purchase price of approximately US$390.7 million (equivalent to
Rp.3,285,362&nbsp;million), which represents the present value of fixed monthly
payments (totaling US$517.1 million), payable to MGTI beginning February 2004
through January&nbsp;2011 at a discount rate of 8.3%, plus the direct cost of
the business combination.&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">As of
December 31, 2010 the remaining monthly payments to be made to MGTI, before
unamortized discount, amounted to US$6.83 million (equivalent to Rp.61,552
million) and on January 2011 the loan was fully repaid.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">b.&nbsp;&nbsp;&nbsp;&nbsp; KSO VII
transaction</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
outstanding balance relating to the KSO VII transaction arose from acquisition
of KSO VII by the Company, based on amendment and restatement of the KSO
agreement entered into by the Company and BSI on October 19,&nbsp;2006. Based on
the agreement, in consideration for the Company obtaining legal right to control
the financial and operating decision of KSO VII, the Company has agreed to pay
BSI the total purchase price of approximately Rp.1,770,925 million which
represents the present value of fixed monthly payments (totaling
Rp.2,359,230&nbsp;million), payable to BSI beginning October 2006 through
January&nbsp;2011 at a discount rate of 15%, plus the direct cost of the
business combination.&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">As of
December 31, 2010 the remaining monthly payments to be made to BSI, before
unamortized discount, amounted to Rp.43,693 million and on January 2011 the loan
was fully repaid.</FONT></P>
<P style="TEXT-ALIGN: center">76</P></DIV>
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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">24.&nbsp; NON-CONTROLLING INTEREST</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P>
<DIV align=left>
<TABLE style="WIDTH: 97.92%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 19.35pt" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 117pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 6pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 6pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Non-controlling interest in net assets of
      subsidiaries:</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Telkomsel</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">11,970,890</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">12,253,168</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Metra</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">17,311</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">26,188</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Infomedia</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">7,840</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,245</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">11,996,041</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">12,287,601</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<DIV align=left>
<TABLE style="WIDTH: 97.92%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 19.35pt" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 117pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 6pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 6pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">Non-controlling interest in comprehensive income
      </FONT><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">of subsidiaries:</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Telkomsel</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,219,025</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,310,765</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Metra</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,045</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,834</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Infomedia</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">199</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,178</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,223,269</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,320,777</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">25.&nbsp; CAPITAL STOCK</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<DIV align=left>
<TABLE style="WIDTH: 98.06%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom rowSpan=2 width="49%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Description</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top rowSpan=2 width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" width="16%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 8pt; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" width="16%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">December 31, 2010</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 7pt; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" width="16%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 7pt; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" width="16%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Number of shares</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 8pt; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" width="16%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Percentage of
      ownership</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 7pt; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" width="16%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total paid-up
      capital</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 7pt; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="49%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Series A Dwiwarna
    share</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="49%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Government</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 9pt" color=windowtext face="Times New Roman">1</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><SUP><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><SUP><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="49%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Series B shares</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="49%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Government</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">10,320,470,711</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">52.47</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">2,580,118</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="49%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">The Bank of New York Mellon
      Corporation</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">2,394,970,656</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">12.18</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">598,743</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="49%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Directors (Note 1b):</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="49%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.5in; MARGIN: 0in 0in 0in 1in; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Ermady Dahlan</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">17,604</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">4</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="49%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.5in; MARGIN: 0in 0in 0in 1in; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Indra Utoyo</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">5,508</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">1</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="49%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: 13pt; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Public (individually less than
      5%)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">6,953,960,300</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">35.35</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">1,738,490</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="49%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">19,669,424,780</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">100.00</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">4,917,356</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="49%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: 13pt; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Treasury stock (Note
    27)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">490,574,500</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">122,644</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="49%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">20,159,999,280</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">100.00</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">5,040,000</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center">77</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_80></A>
<a name="_bclPageBorder82"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">25.&nbsp; CAPITAL STOCK </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 5pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<DIV align=left>
<TABLE style="WIDTH: 98.06%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom rowSpan=2 width="49%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Description</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top rowSpan=2 width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" width="16%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 8pt; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" width="16%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">September 30, 2011</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 7pt; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" width="16%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 7pt; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" width="16%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Number of shares</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 8pt; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" width="16%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Percentage of
      ownership</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 7pt; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" width="16%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total paid-up
      capital</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 7pt; punctuation-wrap: simple" align=center><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="49%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Series A Dwiwarna share</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="49%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Government</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 9pt" color=windowtext face="Times New Roman">1</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><SUP><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><SUP><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="49%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Series B shares</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="49%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Government</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10,320,470,711</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">52.85</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,580,118</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="49%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">The Bank of New York Mellon
    Corporation</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,949,198,856</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">15.10</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">737,300</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="49%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Directors (Note 1b):</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="49%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.5in; MARGIN: 0in 0in 0in 1in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Ermady Dahlan</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">17,604</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="49%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.5in; MARGIN: 0in 0in 0in 1in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Indra Utoyo</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,508</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="49%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: 13pt; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Public (individually less than
      5%)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6,258,423,600</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">32.05</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,564,606</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="49%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">19,528,116,280</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">100.00</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,882,029</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="49%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple" align=left><FONT style="LINE-HEIGHT: 13pt; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Treasury stock (Note
    27)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">631,883,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">157,971</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="49%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">20,159,999,280</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">100.00</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,040,000</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 5pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
Company only issued 1 Series A Dwiwarna share which is held by the Government
and cannot be transferred to any party, and has a veto in the General Meeting of
Stockholders of the Company with respect to election and removal of the Board of
Commissioners and Directors, issuance of new shares and to amend the Company&#8217;s
Articles of Association.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Series B shares give the same and equal rights to all the
Series B stockholders.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">26.&nbsp; ADDITIONAL PAID-IN CAPITAL</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 5pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 98.06%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 117pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 6pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Proceeds
      from sale of 933,333,000 shares in excess of par value through IPO in
      1995</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,446,666</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,446,666</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Capitalization into 746,666,640 Series B shares in
      1999</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(373,333</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(373,333</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,073,333</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,073,333</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 5pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">27.&nbsp; TREASURY STOCK </FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
Company had repurchased the Series B shares phase I, II, III and IV based on the
AGM of Stockholders of the Company (Note 1c) and on the potential crisis market
condition based on BAPEPAM-LK Regulation No. XI.B.3 Attachment to the Decision
of the Chairman of BAPEPAM-LK No. Kep-401/BL/2008 dated October 9,
2008.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">78</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left>
<A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011 (UNAUDITED) AND</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah, unless otherwise stated)</FONT></B></P>

<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">

<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">27.&nbsp; TREASURY STOCK </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Based on the resolution at the AGM of Stockholders of the Company on May 19, 2011, the stockholders authorized the phase IV plan to repurchase the Company&#8217;s issued and outstanding Series B shares. The proposal was to undertake a stock repurchase program with the following terms and conditions: (i)&nbsp;maximum stock repurchase would be 645,161,290 of the Company&#8217;s issued Series&nbsp;B&nbsp;shares with total cost not to exceed Rp.5,000,000 million; and (ii) the period determined for the acquisition would not be longer than 18&nbsp;months (May 19, 2011 to November 20, 2012).</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">On May 23, 2011, the Company has released a full disclosure statement to the public in relation with fund allocation addition for phase IV stock repurchase program from Rp.3,000,000 million to Rp.5,000,000 million.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">As of December 31, 2010 and September 30, 2011, the Company has repurchased 490,574,500&nbsp;and 631,883,000 of the Company&#8217;s issued and outstanding Series B shares, respectively, representing 2.43% and 3.13% of the Company&#8217;s issued and outstanding Series B shares, for a total repurchase amount of Rp.4,264,073 million and Rp.5,293,049 million up to 2010 and 2011, respectively, (including broker&#8217;s commissions and custodian fees).</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The Company has planned to retain, sell or use the treasury stock for other purposes in accordance with BAPEPAM-LK Regulation No.&nbsp;XI.B.2 and under Law No. 40/2007 on Limited Liability Companies.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Pursuant to the AGM of Stockholders of the Company dated June&nbsp;11, 2010, the stockholders approved the changes to the Company&#8217;s plan for used of the treasury stock as result of the Share Buy Back I, II and III, as follows: (i) market placement; (ii) cancellation; (iii) equity conversion; and (iv) funding. </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 97.92%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 19.35pt" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 94pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="34%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2010</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="34%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 47pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Number of shares</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Number of shares</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 35pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Balance beginning</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">490,574,500</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,264,073</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">490,574,500</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,264,073</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Number of shares acquired</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">141,308,500</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,028,976</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Balance ending</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">490,574,500</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,264,073</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">631,883,000</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,293,049</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: center">79</P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



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<A name="page_82"></A>

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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left>
<A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011 (UNAUDITED) AND</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah, unless otherwise stated)</FONT></B></P>

<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">

<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">28.&nbsp; DIFFERENCE IN VALUE ARISING FROM RESTRUCTURING TRANSACTIONS AND OTHER TRANSACTIONS BETWEEN ENTITIES UNDER COMMON CONTROL</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The balance of this account amounting to Rp.478,000 million arose from the early termination of the Company&#8217;s exclusive rights to provide local and domestic fixed line telecommunication services. As discussed in Note 1a, on December 15, 2005, the Company signed an Agreement on Implementation of Compensation for Termination of Exclusive Rights with the State MoCI - DGPT, which was amended on October 18, 2006. Pursuant to this agreement, the Government agreed to pay Rp.478,000 million, net of tax, to the Company over a five-year period. In addition, the Company is required by the Government to use the funds received from this compensation for the development of telecommunication infrastructure. As of December 31, 2010 and September 30, 2011, the development of the related infrastructure amounted to Rp.537,304 million, respectively.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -24.55pt; MARGIN: 0in 0in 0pt 42.55pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">As of December 31, 2010 and September 30, 2011, the Company has received an aggregate of Rp.478,000 million, respectively, in relation to the compensation for the early termination&nbsp;of&nbsp;exclusivity rights, made up of annual payments of Rp.90,000 million from 2005 to 2008 and Rp.118,000 million on August&nbsp;25,&nbsp;2009, respectively. The Company recorded these amounts in &#8220;Difference in value arising from restructuring transactions and other transactions between entities under common control&#8221; in the Stockholders&#8217; Equity section. These amounts are recorded as a component of Stockholders&#8217; Equity because the Government is the majority and controlling stockholder of the Company. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">29.&nbsp; TELEPHONE REVENUES </FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 97.98%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 18.9pt" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2010*</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Fixed lines</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 5pt; punctuation-wrap: simple" align=right><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></SUP>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Usage charges</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 82pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">7,058,421</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 6pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">6,181,704</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Monthly subscription charges</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">2,457,293</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">2,278,723</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Installation charges</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">74,834</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">101,104</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Others</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 82pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">156,752</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 6pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">186,374</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">9,747,300</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">8,747,905</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Cellular</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 5pt; punctuation-wrap: simple" align=right><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Usage charges</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 82pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">20,616,021</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 6pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">20,007,389</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Features</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">666,580</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">526,249</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Monthly subscription charges</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">362,191</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">407,652</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Connection fee charges</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">38,991</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">1,452</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">21,683,783</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">20,942,742</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total Telephone Revenues</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">31,431,083</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">29,690,647</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">* as restated, refer to Note 2p</FONT></P>

<P style="TEXT-ALIGN: center">80</P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<A name="page_83"></A>

<DIV style="PADDING-LEFT: 0%;; PADDING-RIGHT: 0%">

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left>
<A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011 (UNAUDITED) AND</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah, unless otherwise stated)</FONT></B></P>

<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">

<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">30.&nbsp; INTERCONNECTION REVENUES</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 97.92%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 19.35pt" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2010*</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Domestic interconnection and transit</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,620,901</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,553,218</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></SUP>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">International interconnection</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,153,892</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,072,081</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,774,793</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,625,299</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">* as restated, refer to Note 2p</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Based on the MoCI Regulation No.&nbsp;08/Per/M.KOMINFO/02/2006, the implementation of a cost-based interconnection tariff is applicable beginning January 1, 2007 (Note&nbsp;47).</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Refer to Note 44 for details of related party transactions.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">31.&nbsp; DATA, INTERNET AND INFORMATION TECHNOLOGY SERVICES REVENUES</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 97.98%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 18.9pt" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2010*</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Short Messaging Services (&#8220;SMS&#8221;)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">8,774,261</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">10,132,598</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></SUP>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Internet, data communication and information technology services</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">6,082,206</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">7,573,565</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">VoIP</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">131,942</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">171,352</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">e-Business</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">47,030</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">23,547</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Total</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">15,035,439</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">17,901,062</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">* as restated, refer to Note 2p</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">32.&nbsp; NETWORK REVENUES</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 97.98%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 18.9pt" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2010*</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Leased lines</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 93pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">520,816</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 6pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">658,917</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></SUP>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Satellite transponder lease</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">382,669</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">295,455</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Total</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">903,485</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">954,372</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Refer to Note 44 for details of related party transactions.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: center">81</P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<A name="page_84"></A>

<DIV style="PADDING-LEFT: 0%;; PADDING-RIGHT: 0%">

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left>
<A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011 (UNAUDITED) AND</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah, unless otherwise stated)</FONT></B></P>

<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">

<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">33.&nbsp; </FONT></B><B><FONT style="TEXT-TRANSFORM: uppercase; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Other telecommunications services</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 97.98%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 18.9pt" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2010*</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Customer Premise Equipment (&#8220;CPE&#8221;) and terminal</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">472,260</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">663,410</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></SUP>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Sales of modem</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">43,566</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">330,820</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Universal Service Compensation</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman">231,964</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman">263,152</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Directory assistance</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">234,807</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">257,081</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Pay TV</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">112,375</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">184,777</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Others</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">69,125</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">180,271</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Total</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">1,164,097</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 5pt; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">1,879,511</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 8pt" lang=IN color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">* as restated, refer to Note 2p</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">34.&nbsp; PERSONNEL EXPENSES</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><B><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 97.98%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 18.9pt" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2010</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Salaries and related benefits</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,065,842</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,242,624</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></SUP>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Vacation pay, incentives and other benefits</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,973,181</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,026,165</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Employees&#8217; income tax</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">615,716</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">729,342</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Early retirement program</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">628,947</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Net periodic pension costs (Notes 41a)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">264,198</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">376,532</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Net periodic post-retirement health care benefits costs (Note 43)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">178,746</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">148,995</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Housing</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">164,165</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">148,708</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Insurance</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">62,259</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">56,735</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Other post-retirement cost (Note 41b)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">49,407</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">48,406</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">LSA (Note 42)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">33,564</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">37,358</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Other employees&#8217; benefits (Note 41c)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">14,472</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">18,614</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Others</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,705</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">7,372</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Total</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,427,255</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6,469,798</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><B><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: center">82</P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left>
<A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011 (UNAUDITED) AND</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah, unless otherwise stated)</FONT></B></P>

<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">

<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0pt 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">35.&nbsp; OPERATIONS, MAINTENANCE AND TELECOMMUNICATION SERVICES EXPENSES</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 4.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 97.98%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 18.9pt" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2010</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Operations and maintenance</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6,328,693</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6,762,690</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></SUP>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Radio frequency usage charges (Notes 44a.ii and 48c.iii)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,631,906</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,384,569</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Cost of phone, set top box, SIM and RUIM cards</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">702,755</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,024,618</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Concession fees and Universal Service Obligation charges (Notes 44a.ii and 44a.iii)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">879,935</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">899,598</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Electricity, gas and water</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">610,803</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">632,961</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Insurance</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">286,503</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">328,360</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Leased lines and CPE</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">195,458</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">207,524</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Vehicles rental and supporting facilities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">200,985</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">207,140</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Cost of IT services</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">136,584</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">149,940</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Building management</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,788</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">122,011</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Travelling</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">43,056</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">39,880</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Others</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">19,951</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">25,065</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">12,042,417</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">12,784,356</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">* as restated, refer to Note 2p</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Refer to Note 44 for details of related party transactions.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">36.&nbsp; GENERAL AND ADMINISTRATIVE EXPENSES</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 97.98%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 18.9pt" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2010</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Provision for doubtful accounts and inventory obsolescence (Notes 6d and 7)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">422,647</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">487,766</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></SUP>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Collection expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">284,764</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">240,202</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">General</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 73pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">58,427</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">196,566</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Travelling</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">185,879</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">181,224</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Social contribution</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">125,984</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">113,707</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Training, education and recruitment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">154,373</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">147,477</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Professional fees</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 73pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">110,812</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">120,560</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Security and screening</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">171,132</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">73,542</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Meetings</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">57,974</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">60,205</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Vehicle rental</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">37,162</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">52,777</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Stationery and printing</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">43,838</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">37,486</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Research and development</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">7,805</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10,678</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Others</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">65,793</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">70,698</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,726,590</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,792,888</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center">83</P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>
<A name=page_86></A>
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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">37.&nbsp; INTERCONNECTION EXPENSES</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<DIV align=left>
<TABLE style="WIDTH: 97.98%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 18.9pt" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2010*</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Domestic interconnection and transit</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,479,073</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,708,395</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">International interconnection</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">798,060</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">822,211</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,277,133</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0pt 0pt 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,530,606</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face="Times New Roman">* as restated, refer to Note 2p</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Refer to Note
44 for details of related party transactions.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">38.&nbsp; TAXATION</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">a.&nbsp;&nbsp;&nbsp;&nbsp; Claim for tax
refund</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 98.16%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 17.1pt" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 117pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 6pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Subsidiaries</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Corporate
      income tax</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">15,433</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">16,406</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 18.9pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Income tax
      - including interest</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Article 23 - Withholding tax on services
      delivery</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,073</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,073</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 18.9pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Value
      Added Tax (&#8220;VAT&#8221;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">109,550</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">340,431</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 18.9pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">133,056</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">364,910</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">b.&nbsp;&nbsp;&nbsp;&nbsp; Prepaid taxes</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<DIV align=left>
<TABLE style="WIDTH: 98.16%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 17.1pt" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 117pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 6pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Subsidiaries</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><B><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><B><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Corporate
      income tax</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">666,467</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">635,567</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 36.9pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">VAT</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">47,023</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">84,247</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 36.9pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Income
      tax</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 54.9pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Article
      22- Withholding tax on goods delivery and imports</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 54.9pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Article 23
      - Withholding tax on services delivery</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,208</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">17,254</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 18.9pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">715,698</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">737,389</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center">84</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_87></A>
<a name="_bclPageBorder89"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">38.&nbsp; TAXATION </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
c.&nbsp;&nbsp;&nbsp;&nbsp; Taxes payable</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 98.16%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 17.1pt" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.9pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" width="17%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 8pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.9pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">The
      Company</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 18.9pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Income
      taxes</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-SIZE: 6pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 36.9pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Article 4
      (2) - Final tax</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-SIZE: 6pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6,979</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,379</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 36.9pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Article
      21- Individual income tax</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 3pt" align=left><FONT style="FONT-SIZE: 6pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">66,642</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">19,519</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 36.9pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Article
      23- Withholding tax on services delivery</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 3pt" align=left><FONT style="FONT-SIZE: 6pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">11,391</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">7,517</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 36.9pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Article
      25- Installment of corporate income tax</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 3pt" align=left><FONT style="FONT-SIZE: 6pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">32,385</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">12</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 36.9pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Article
      26- Withholding tax on non-resident income tax</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 3pt" align=left><FONT style="FONT-SIZE: 6pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">707</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,213</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 36.9pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Article
      29- Underpayment of corporate income tax</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 3pt" align=left><FONT style="FONT-SIZE: 6pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9,225</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">79,946</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 18.9pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">VAT</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">13,434</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">37,520</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.9pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">140,763</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">148,106</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.9pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Subsidiaries</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 18.9pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Income
      taxes Article 4 (2) - Final tax</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-SIZE: 6pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">15,081</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">13,959</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 36.9pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Article
      21- Individual income tax</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 3pt" align=left><FONT style="FONT-SIZE: 6pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">35,822</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">17,865</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 36.9pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Article
      22- Withholding tax on goods delivery and imports</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 3pt" align=left><FONT style="FONT-SIZE: 6pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 36.9pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Article
      23- Withholding tax on services delivery</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 3pt" align=left><FONT style="FONT-SIZE: 6pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">42,763</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">17,811</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 36.9pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Article
      25- Installment of corporate income tax</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 3pt" align=left><FONT style="FONT-SIZE: 6pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">405,478</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">343,612</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 36.9pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Article
      26- Withholding tax on non-resident income tax</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 3pt" align=left><FONT style="FONT-SIZE: 6pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">18,348</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">11,706</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 36.9pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Article
      29- Underpayment of corporate income tax</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 81pt" align=left><FONT style="FONT-SIZE: 6pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">15,867</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">460,715</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 18.9pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">VAT</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">61,566</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">227,850</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.9pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">594,927</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,093,520</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.9pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">735,690</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,241,626</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">85</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_88></A>
<a name="_bclPageBorder90"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">38.&nbsp; TAXATION </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">d.
&nbsp;&nbsp;&nbsp; The components of income tax expense (benefit) are as
follows:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 96.14%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.9pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 8pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Current</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">502,320</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">671,458</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">The
      Company</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-SIZE: 6pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">3,032,377</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">3,622,049</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 36.9pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Subsidiaries</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-SIZE: 6pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">3,534,697</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">4,293,507</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Deferred</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">635,415</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">(31,354</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">The
      Company</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-SIZE: 6pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">161,095</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">(224,353</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 36.9pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Subsidiaries</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 3pt" align=left><FONT style="FONT-SIZE: 6pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">796,510</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">(255,707</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 36.9pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 3pt" align=left><FONT style="FONT-SIZE: 6pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">4,331,207</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">4,037,800</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face="Times New Roman">* as restated, refer to Note 2p</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 1.1pt 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">e.
&nbsp;&nbsp;&nbsp; Corporate income tax is computed for each individual company
as a separate legal entity (consolidated financial statements are not applicable
for computing corporate income tax in Indonesia).</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 1.1pt 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
reconciliation between the consolidated income before tax and taxable income
attributable to the Company and the consolidated income tax expense are as
follows:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><SUP><FONT style="LINE-HEIGHT: 70%; FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P>
<DIV align=left>
<TABLE style="WIDTH: 96%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 37.35pt" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 35pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2010*</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.45pt; MARGIN: 0in 0in 0pt 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Consolidated income before tax</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">16,514,816</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">15,743,739</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.45pt; MARGIN: 0in 0in 0pt 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Add back
      consolidation eliminations</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,983,865</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6,588,731</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.45pt; MARGIN: 0in 0in 0pt 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Consolidated income before tax and
      eliminations</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">22,498,681</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">22,332,470</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.45pt; MARGIN: 0in 0in 0pt 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Less:
      income before tax of the subsidiaries</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(12,469,793</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(13,356,358</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.45pt; MARGIN: 0in 0in 0pt 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Income
      before tax attributable to the Company</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10,028,888</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,976,112</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.45pt; MARGIN: 0in 0in 0pt 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Less:
      income subject to final tax</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(439,907</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(349,648</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.45pt; MARGIN: 0in 0in 0pt 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9,588,981</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,626,464</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.45pt; MARGIN: 0in 0in 0pt 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Tax
      calculated at applicable rates</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,917,796</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,725,293</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.45pt; MARGIN: 0in 0in 0pt 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Non-taxable income</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,195,532</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,318,578</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.45pt; MARGIN: 0in 0pt 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Non-deductible expenses</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">212,367</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">163,419</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.45pt; MARGIN: 0in 0in 0pt 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Deferred
      tax liabilities (assets) that cannot be utilized - net</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">168,538</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">17,970</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.45pt; MARGIN: 0in 0in 0pt 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Corporate
      income tax expense</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,103,169</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">588,104</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.45pt; MARGIN: 0in 0in 0pt 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Income tax
      borne by Government</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">34,566</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">52,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.45pt; MARGIN: 0in 0in 0pt 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total
      income tax expense of the Company</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,137,735</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">640,104</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.45pt; MARGIN: 0in 0in 0pt 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Income tax
      expense of the subsidiaries</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,193,472</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,397,696</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.45pt; MARGIN: 0in 0in 0pt 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total
      consolidated income tax expense</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,331,207</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,037,800</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.45pt; MARGIN: 0in 0in 0pt 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face="Times New Roman">* as restated, refer to Note 2p</FONT></P>
<P style="TEXT-ALIGN: center">86</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_89></A>
<a name="_bclPageBorder91"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">38.&nbsp; TAXATION</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">
(continued)</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">e.&nbsp;&nbsp;&nbsp;&nbsp; (continued)</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
reconciliation between income before tax attributable to the Company and the
estimated taxable income for nine months period ended September 30, 2010 and
2011, are as follows:</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 5pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 96.14%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 41pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">2010*</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Income before tax attributable to the
      Company</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">10,028,888</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">8,976,112</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Less: income subject to final tax</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">(439,907</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">(349,648</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">9,588,981</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">8,626,464</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Temporary differences:</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Amortization of intangible assets</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">779,946</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">26,623</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Depreciation of property, plant and
      equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">(308,586</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">33,195</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Allowance for doubtful accounts</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">296,145</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">351,463</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Accrued employees&#8217; benefits</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">(73,050</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">(93,903</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Finance leases</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">(19,752</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">(34,570</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Foreign exchange (gain) loss on deferred
      consideration for business combinations</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">(32,354</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">(268</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Allowance for inventory obsolescence</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">11,060</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">13,639</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Amortization of land rights</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">(3,223</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">(3,526</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Inventories written-off</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">(6,785</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">(9,673</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Gain on sale of property, plant and
      equipment</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">(300,461</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">(113,822</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Trade receivables written-off</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">(337,233</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">(467,536</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Net periodic pension and other post-retirement
      benefits costs</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">(379,978</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">50,113</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Payments of deferred consideration for business
      combinations</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">(892,503</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">(105,960</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Accrued early retirement benefits</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">(1,028,639</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">628,947</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Deferred installation fee</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">(63,647</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">(63,792</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Other provisions</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">24,674</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">35,691</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Total temporary differences</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">(2,334,386</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">246,621</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Permanent differences:</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Net periodic post-retirement health care benefit
      costs</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">171,934</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">148,995</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Equity in net income of associates and
      subsidiaries</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">(5,977,662</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">(6,592,891</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Others</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">889,901</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">668,101</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Total permanent differences</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">(4,915,827</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">(5,775,795</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Taxable income</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">2,338,768</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">3,097,290</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Current corporate income tax expense</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">467,754</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">619,458</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Income tax borne by Government (Note
    28)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">34,566</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">52,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Total current income tax expense of the
      Company</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">502,320</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">671,458</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Current income tax expense of the
      subsidiaries</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">3,032,377</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">3,622,049</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="66%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Total current income tax expense</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">3,534,697</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">4,293,507</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">* as restated, refer to Note 2p</FONT></P>
<P style="TEXT-ALIGN: center">87</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_90></A>
<a name="_bclPageBorder92"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">38.&nbsp; TAXATION</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">
(continued)</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 1.1pt 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">f.&nbsp;&nbsp;&nbsp;&nbsp; Tax assessment</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 1.1pt 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.5in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(i)</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The Company</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Directorate General of Tax (&#8220;DGT&#8221;) has audited the
Company&#8217;s corporate income tax overpayment amounting to Rp.255 billion on 2008
fiscal year. On June 16, 2010, DGT issued an Overpaid Tax Assessment Letter
(&#8220;Surat Ketetapan Pajak Lebih Bayar&#8221; or &#8220;SKPLB&#8221;) on corporate income tax
amounting Rp.228 billion. The difference between SKPLB and the Company&#8217;s claim
for tax refund has been charged to current year consolidated statement of
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">comprehensive&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> income amounting to Rp.27
billion.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
Company received an Underpaid Tax Assessment Letter (&#8220;Surat Ketetapan Pajak
Kurang Bayar&#8221; or &#8220;SKPKB&#8221;) on VAT amounting to Rp.1.69 billion including a tax
penalty of Rp.0.5&nbsp;billion which has been net off with SKPLB of income
taxes. Therefore, the Company received restitution from DGT amounting to
Rp.226.5 billion. On July 9, 2010, the Company has received a refund from a
claim of SKPLB on 2008 fiscal year corporate income tax.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 1.1pt 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">As of
the issuance date of the consolidated financial statements, the audit of
withholding income tax for 2008 fiscal year is still in process. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(ii)&nbsp;&nbsp; Telkomsel</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 1.1pt 0pt 0.25in"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">On
February 25, 2009, the Tax Authorities filed a judicial review to the SC for the
Tax Court&#8217;s acceptance of Telkomsel&#8217;s appeal for a refund of withholding taxes
covering 2002 fiscal year of Rp.115 billion. On April 3, 2009, Telkomsel filed a
contra-appeal to </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">the Indonesian Supreme Court
(&#8220;SC&#8221;)</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">As of the issuance date of the
consolidated financial statements</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">, it is still in process.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 1.1pt 0pt 0.25in"><FONT style="FONT-SIZE: 7pt" lang=EN-GB color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Based
on the Tax Court&#8217;s verdict in March 2010, Telkomsel&#8217;s appeal on VAT was accepted
and Telkomsel subsequently received the refund of Rp.215 billion in June 2010
including interest of Rp.103 billion. On August 10, 2010, the Tax Authorities
filed a judicial review to the SC on the Tax Court&#8217;s verdict. On September 24,
2010, Telkomsel filed a contra-appeal to the SC. As of the issuance date of the
consolidated financial statements, it is still in process.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">As a
result of assessment</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">and Tax Court&#8217;s verdict,
o</FONT><FONT style="BACKGROUND: white; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">n January 28 and February 12, 2010, Telkomsel received
the refund for overpayment of the 2008 Corporate Income Tax of Rp.439 billion
and Rp.4.2 billion, respectively.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">On
April 21, 2010, Tax Court notified Telkomsel that the Tax Authorities has filed
an appeal to the SC on Tax Court&#8217;s verdict of cancellation of STP for
underpayment of income tax article 25 for the period of December 2008.
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">In May 2010, Telkomsel filed a contra-appeal to the SC.
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">As of the issuance date of the consolidated financial
statements</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">, the appeal is still in process.</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">
&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">88</P></DIV>
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<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_91></A>
<a name="_bclPageBorder93"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">38.&nbsp; TAXATION</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">
(continued)</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 1.1pt 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">f.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Tax
assessment (continued)</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(ii)&nbsp;&nbsp; Telkomsel (continued)</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">In
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">2010</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">, Telkomsel was assessed for underpayments of
corporate income tax, withholding taxes and VAT, for 2006 fiscal year totaling
Rp.212 billion (including penalty of&nbsp;Rp.69 billion). On December&nbsp;23,
2010, Telkomsel filed an objection to the Tax Authorities for underpayments of
withholding taxes and VAT amounting to Rp.116 billion (including penalty of
Rp.38 billion) and recorded it as claim for tax refund. The accepted portions of
Rp.50 billion was previously recognized and charged to 2008 consolidated
statement of comprehensive income while the remaining portion of Rp.46 billion
were charged to 2010 consolidated statement of comprehensive income.
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Subsequently, in September 2011, the Tax
Authorities&nbsp;rejected&nbsp;Telkomsel&#8217;s objection. Telkomsel plans to file an
appeal to the Tax Court</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">.&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-GB color=black face="Times New Roman">In
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">October&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-GB color=black face="Times New Roman"> and November, 2010, Telkomsel
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">received STPs for underpayment of income tax article 25
for 2010 fiscal year of Rp.229 billion (including penalty of Rp.11 billion). The
STPs were paid in November and December 2010. The principal payment of Rp.218
billion was considered as prepayment in calculating the 2010 corporate income
tax which at the end resulted in an overpayment of Rp.600 billion. Through its
letters in November 2010, Telkomsel requested the Tax Authorities to cancel the
STPs. Subsequently, in April 2011, Telkomsel&nbsp;received STPs from Tax
Authorities which revised the above-mentioned STPs issued in October and
November 2010 with an additional penalty of Rp.4.3 billion. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-GB color=black face="Times New Roman">On May 5,
2011, the Tax Authorities rejected&nbsp; Telkomsel&#8217;s request for cancellation of
those STPs. Subsequently, on May 31, 2011, Telkomsel filed an appeal to the Tax
Court. The overpayment and penalty are recognized as claims for tax refund as of
September 30,&nbsp;2011. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">As of the issuance date of the
consolidated financial statements</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-GB color=black face="Times New Roman">, the appeal is still in process.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-GB color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="BACKGROUND: white; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">In August 2011, Telkomsel was assessed for underpayments
of withholding taxes and Value Added Tax for fiscal year 2008 totaling Rp.235
billion. Telkomsel plans to file an objection to the Tax Authorities for the
underpayments of Value Added Tax amounting to Rp.232 billion and recorded it as
a claim for tax refund.</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> The remaining portion of Rp.3 billion
was charged to the 2011 consolidated statement of comprehensive income.
</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-GB color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">89</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_92></A>
<a name="_bclPageBorder94"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">38.&nbsp; TAXATION</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">
(continued)</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">g.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Deferred tax assets and liabilities </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
details of the Company and subsidiaries' deferred tax assets and liabilities are
as follows:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<DIV align=left>
<TABLE style="WIDTH: 96%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 37.35pt" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 47pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2009*</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Charged)</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">credited
      to the</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">consolidated</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">statements</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">of
      income</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Acquisition of Ad Medika</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 35pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">The
      Company</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Deferred
      tax assets:</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 34.65pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Deferred
      consideration for business combinations</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">335,409</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(308,852</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">26,557</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 34.65pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Allowance
      for doubtful accounts</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">268,427</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">18,172</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">286,599</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 34.65pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Net
      periodic pension and other post-retirement benefits costs</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">160,310</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(74,695</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">85,615</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 34.65pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Accrued
      expenses</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 25pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">36,239</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 3pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(30,458</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,781</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 34.65pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Early
      termination expenses</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 25pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">257,160</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 3pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(257,160</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">85,996</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 34.65pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Accrued
      for employee benefits</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">84,719</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,277</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">20,446</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 34.65pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Allowance
      for inventory obsolescence</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">17,672</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,774</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">106,292</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 34.65pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Deferred
      connection fee</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">128,113</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(21,821</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">617,286</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total
      deferred tax assets</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,288,049</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(670,763</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">617,286</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Deferred
      tax liabilities:</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 34.65pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Difference
      between accounting and tax property, plant and equipment's net book
      value</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,650,200</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(243,024</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 6pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,893,224</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 34.65pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Land
      rights</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(5,807</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,088</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(6,895</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 34.65pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Finance
      lease</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(31,587)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(7,707</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 33pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(39,294)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 34.65pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Intangible
      assets</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(271,202</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">252,712</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(18,490</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total
      deferred tax liabilities</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,958,796</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">893</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,957,903</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Deferred
      tax liabilities of the Company - net</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(670,747</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(669,870</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,340,617</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Deferred
      tax liabilities of the subsidiaries - net</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 25pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(2,549,763</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 3pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(173,515</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 7pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(9,919</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 6pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(2,733,197</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total
      deferred tax liabilities - net</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(3,220,510</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(843,385)</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(9,919</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(4,073,814</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 16.65pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total deferred tax assets - net</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 25pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">94,953</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 3pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(33,261</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 6pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">61,692</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 1.1pt 0pt 0in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">*as
      restated, refer to Note 2p</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 25pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 3pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 6pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<DIV align=left>
<TABLE style="WIDTH: 96%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 37.35pt" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="47%" colSpan=3>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Charged)</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">credited
      to the</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">consolidated</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">statements
      of</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">comprehensive</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">income</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 35pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">The
      Company</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Deferred
      tax assets:</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 28pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 9pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 8pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 34.65pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Deferred
      consideration for business combinations</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 28pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">26,557</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 9pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(26,557</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 8pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 34.65pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Allowance
      for doubtful accounts</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">286,599</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(13,342</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">273,257</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 34.65pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Net
      periodic pension and other post-retirement benefits costs</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">85,615</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">12,528</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">98,143</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 34.65pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Accrued
      expenses</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 25pt" align=right><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 28pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,781</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 9pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">123</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 8pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,904</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 34.65pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Accrued
      early retirement</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 25pt" align=right><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">157,237</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">157,237</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 34.65pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Accrued
      for employee benefits</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">85,996</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(23,476</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">62,520</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 34.65pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Allowance
      for inventory obsolescence</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">20,446</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,548</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">22,994</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 34.65pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Deferred
      connection fee</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">106,292</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(15,948</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">90,344</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total
      deferred tax assets</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">617,286</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">93,113</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">710,399</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: center">90</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_93></A>
<a name="_bclPageBorder95"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">38.&nbsp; TAXATION</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">
(continued)</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">g.&nbsp;&nbsp;&nbsp;&nbsp; Deferred tax assets and
liabilities </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 5pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0 width="92%">

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="4%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="23%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="27%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Charged)
      credited to the consolidated statements of comprehensive
      income</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="18%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 35pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Deferred
      tax liabilities:</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="4%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Difference
      between accounting and tax property, plant and equipment's net book
      value</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="4%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,893,224</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(68,535</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,961,759</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 17.1pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Land
      rights</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="4%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(6,895</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(883</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(7,778</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 17.1pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Finance
      lease</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="4%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(39,294</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,551</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(35,743</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 17.1pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Intangible
      assets</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="4%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(18,490</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6,656</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(11,834</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 17.1pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Vehicle
      employment facility</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="4%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(2,547</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(2,547</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total
      deferred tax liabilities</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="4%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,957,903</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(61,758</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 8pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(2,019,661</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR style="HEIGHT: 18.85pt">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 18.85pt; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Deferred
      tax liabilities of the Company - net</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 18.85pt; PADDING-TOP: 0in" vAlign=top width="4%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 18.85pt; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 69pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,340,617</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 18.85pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 18.85pt; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">31,355</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 18.85pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 18.85pt; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 8pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,309,262</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 18.85pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Deferred
      tax liabilities of the subsidiaries - net</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="4%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(2,733,197</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">237,890</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(2,495,307</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total
      deferred tax liabilities - net</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="4%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 67pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(4,073,814</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">269,245</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 8pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(3,804,569</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total
      deferred tax assets - net</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="4%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 51pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">61,692</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(13,537</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 8pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">48,155</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 5pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 1.1pt 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Realization of the deferred tax assets is dependent upon
future profitable operations. Although realization is not assured, the Company
and its subsidiaries believe that it is probable that these deferred tax assets
will be realized through reduction of future taxable income. The amount of
deferred tax assets is considered realizable, however, could be reduced if
actual future taxable income is lower than the estimates.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 1.1pt 0pt 0.5in"><FONT style="FONT-SIZE: 5pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">h.
&nbsp;&nbsp;&nbsp; Administration </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 5pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Under
the taxation laws of Indonesia, the Company and each subsidiary submit tax
returns on the basis of self assessment. Up to fiscal year 2007, DGT may assess
or amend taxes within ten years of the time the tax becomes due, or until the
end of 2013, whichever is earlier. There are new rules applicable to fiscal year
2008 and subsequent years stipulating that the DGT may assess or amend taxes
within five years of the time the tax becomes due. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 5pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">On
September 23, 2008, the President of the Republic Indonesia and MoJHR has signed
and enacted the Tax Law No. 36/2008 concerning the Fourth Amendment of the Tax
Law No. 7/1983 of Income Taxes. This regulation stipulates that the corporate
tax rate will be a flat rate of 28% in 2009 (previously calculated using
progressive tax rates ranging from 10% to 30%) and 25% in 2010. As of December
31, 2008 and 2009, the Company and its subsidiaries measured the effect of the
change of enacted tax rate in calculating its deferred tax assets and
liabilities depending on the timing of realization of its estimates.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 5pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Other
than tariff changes, the Tax Law No. 36/2008 also stipulates a reduction of 5%
from the top rate applicable for qualifying companies listed and for whose stock
is traded on the IDX which meet the prescribed criteria that the stocks owned by
the public are 40% or more of the total fully paid and traded stocks on the IDX,
and such stocks are owned by at least 300 parties, each party owning less than
5% of the total paid-up stocks. These requirements should be fulfilled by the
publicly-listed companies for a period of 6 months in one tax year. The Company
has met all of the required criteria, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">therefore, for the purposes of
calculating income tax expenses and liabilities for the financial reporting
periods of December 31, 2010 and September 30, 2011, the Company considers a tax
rate decrease of 5%.</FONT></P>
<P style="TEXT-ALIGN: center">91</P></DIV>
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<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_94></A>
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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">38.&nbsp; TAXATION</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">
(continued)</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">h.
&nbsp;&nbsp;&nbsp; Administration (continued)</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">No
tax audit has been conducted for fiscal year 2003, 2005, 2006, 2007 and 2009 for
the Company. A tax audit has been completed for all other fiscal
years.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Currently, Telkomsel is audited by Tax Authorities for
overpayment of 2010 Corporate Income Tax.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">In
2008, DGT issued a sunset policy program in the form of an opportunity for the
tax payer to make a revision in the prior years for underpaid Annual SPT, which
will be granted free tax administration sanction and no assessment in the
related fiscal year, unless the DGT find new evidence to perform the assessment
and investigation. The Company and Telkomsel have utilized the sunset policy
program through SPT revision. The Company settled the tax underpayments for
fiscal years 2003, 2005 and 2006 amounting to Rp.1.9 billion,
Rp.2.8&nbsp;billion and Rp.2.4 billion, respectively, and Telkomsel for fiscal
year 2003 amounting to Rp.1.9 billion. In addition, the Company received a
certificate of tax investigation exemption from DGT for fiscal year 2007, 2008,
2009 and 2010, unless the Company files for overpaid Annual SPT then a tax
assessment will be performed.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">39.&nbsp; BASIC EARNINGS PER SHARE</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Basic
earnings per share is computed by dividing </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">income for the period attributable
to owners of the parent</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> by the weighted average number of
shares outstanding during the year, totaling 19,669,424,780&nbsp; and
19,636,020,102 for nine months period ended September 30, 2010 and 2011,
respectively.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Basic
earning per share amounting to Rp.455.55 and Rp.427.03 (full amount) for nine
months period ended September 30, 2010 and 2011, respectively.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
Company does not have potentially dilutive ordinary shares.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">40.&nbsp; CASH DIVIDENDS AND GENERAL
RESERVE</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 1.1pt 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Pursuant to the AGM of Stockholders of the Company as
stated in notarial deed No. 17 dated June&nbsp;11, 2010 of A.&nbsp;Partomuan
Pohan, S.H., LLM., the stockholders approved the distribution of cash dividends
for 2009 amounting to Rp.5,666,070 million or Rp.288.06 per share (of which
Rp.524,190 million or Rp.26.65 per share was distributed as an interim cash
dividend in November&nbsp;2009).&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 1.1pt 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 1.1pt 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Pursuant to the AGM of Stockholders of the Company as
stated in notarial deed No. 21 dated May&nbsp;19, 2011 of A.&nbsp;Partomuan
Pohan, S.H., LLM., the stockholders approved the distribution of cash dividends
for 2010 amounting to Rp.6,345,350 million (of which Rp.526,157 million or
Rp.26.75 per share was distributed as an interim cash dividend in December
2010). </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center">92</P></DIV>
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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">41.&nbsp; PENSION AND OTHER POST-RETIREMENT
BENEFITS</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<DIV align=left>
<TABLE style="WIDTH: 98.06%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.9pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 8pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Accrued
      pension and other post-retirement benefit costs</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Pension</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">The
      Company</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">61,044</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">85,358</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Telkomsel</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">147,889</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">234,207</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Accrued
      pension costs</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">208,933</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">319,565</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Other
      post-retirement benefits</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 3pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">240,627</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">267,400</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Obligation
      under Labor Law</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 3pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">87,430</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">105,706</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Accrued
      pension and other post-retirement benefit costs</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 3pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">536,990</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">692,671</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Prepaid
      pension benefit costs</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 3pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">988</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">821</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Net
      periodic pension costs (benefits)</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 3pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">430,170</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">288,270</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">The
      Company</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 3pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Telkomsel</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 3pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">74,966</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">88,094</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Infomedia</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 3pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(524</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">168</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Net
      periodic pension costs </FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 34)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 3pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">504,612</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">376,532</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Other
      post-retirement cost </FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 34)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 3pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">65,876</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">48,406</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Other
      employee benefits </FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 34)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 3pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">22,920</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">18,614</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">a.</FONT></I></B><B><I><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></I></B><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Pension &nbsp;</FONT></I></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></I></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">1. &nbsp;&nbsp;&nbsp; The Company</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
Company sponsors a defined benefit pension plan and a defined contribution
pension plan. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
defined benefit pension plan is provided to employees hired with permanent
status prior to July 1, 2002. The pension benefits are paid based on the
participating employees&#8217; latest basic salary at retirement and the number of
years of their service. The plan is managed by Telkom Pension Fund (&#8220;Dana
Pensiun Telkom&#8221; or &#8220;Dapen&#8221;). The participating employees contribute 18%
(before&nbsp;March 2003: 8.4%) of their basic salaries to the plan. The
Company&#8217;s contributions to the pension fund for the year ended December 31, 2010
and nine months period ended September 30, 2011 amounted to Rp.485,254 million
and Rp.142,638 million, respectively. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">93</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_96></A>
<a name="_bclPageBorder98"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">41.&nbsp; PENSION AND OTHER POST-RETIREMENT BENEFITS
</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">a.</FONT></I></B><B><I><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></I></B><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Pension </FONT></I></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.
&nbsp;&nbsp;&nbsp; The Company (continued)</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
defined contribution pension plan is provided to employees hired with permanent
status on or after July 1, 2002. The plan is managed by Financial Institutions
Pension Fund (&#8220;Dana Pensiun Lembaga Keuangan&#8221; or &#8220;DPLK&#8221;). The Company&#8217;s
contribution to DPLK is determined based on certain percentage of the
participants&#8217; salaries and amounted to Rp.4,396&nbsp;million and
Rp.3,704&nbsp;million for the year ended December 31, 2010 and nine months
period ended September 30, 2011, respectively.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
following table presents the change in projected benefits obligation, change in
plan assets, funded status of the plan and net amount recognized in the
Company&#8217;s consolidated </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">statement of financial position</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">s as
of December 31, 2010 and September 30, 2011, for its defined benefit pension
plan:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 94.06%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 55.35pt" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 8pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Change in
      projected benefits obligation</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Projected
      benefits obligation at beginning of year</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-SIZE: 6pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">11,753,439</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">14,019,578</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Service
      costs</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-SIZE: 6pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 29pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">330,734</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 4pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">296,839</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Interest
      costs</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 29pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,199,971</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 4pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">974,276</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Plan
      participants' contributions</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-SIZE: 6pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">42,371</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">33,524</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Actuarial
      (gains) losses</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 3pt" align=left><FONT style="FONT-SIZE: 6pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,174,236</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(2,183,146</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Expected
      benefits paid</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 3pt" align=left><FONT style="FONT-SIZE: 6pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(916,148</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(518,307</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Benefits
      changed</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 3pt" align=left><B><FONT style="FONT-SIZE: 6pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">434,975</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Projected
      benefits obligation at end of period</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 3pt" align=left><FONT style="FONT-SIZE: 6pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">14,019,578</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">12,622,764</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Change in
      plan assets</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 3pt" align=left><FONT style="FONT-SIZE: 6pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Fair value
      of plan assets at beginning of year</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 3pt" align=left><FONT style="FONT-SIZE: 6pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">12,300,181</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">15,097,688</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Expected
      return on plan assets</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 3pt" align=left><FONT style="FONT-SIZE: 6pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">1,286,718</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,080,745</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">Employer&#8217;s contributions</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 3pt" align=left><FONT style="FONT-SIZE: 6pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">485,254</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">142,638</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">Plan participants' contributions</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 3pt" align=left><FONT style="FONT-SIZE: 6pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">42,371</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">33,524</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Actuarial
      (losses) gains</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 3pt" align=left><FONT style="FONT-SIZE: 6pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">1,603,747</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(2,142,233</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Expected
      benefits paid</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 3pt" align=left><FONT style="FONT-SIZE: 6pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(620,583</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(436,927</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Fair value
      of plan assets at end of period</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 3pt" align=left><FONT style="FONT-SIZE: 6pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">15,097,688</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">13,775,435</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Funded
      status</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 3pt" align=left><FONT style="FONT-SIZE: 6pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,078,110</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,152,671</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Unrecognized prior service costs</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 3pt" align=left><FONT style="FONT-SIZE: 6pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">1,399,299</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,195,497</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Unrecognized net actuarial gains</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 3pt" align=left><FONT style="FONT-SIZE: 6pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(2,538,453</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(2,433,526</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Accrued
      pension benefit costs</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 3pt" align=left><FONT style="FONT-SIZE: 6pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(61,044</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(85,358</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">94</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_97></A>
<a name="_bclPageBorder99"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">41.&nbsp; PENSION AND OTHER POST-RETIREMENT BENEFITS
</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">a.</FONT></I></B><B><I><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></I></B><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Pension </FONT></I></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.
&nbsp;&nbsp;&nbsp; The Company (continued)</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">In
2007, the Company provides pension benefit based on uniformulation for both
participants prior to and from April 20, 1992 effective for employees retiring
beginning February 1, 2009. The change in benefit had increased the Company&#8217;s
liabilities by Rp.698,583 million, which is amortized over 9.9 years until 2016.
In 2010, the Company replaced the uniformulation with Manfaat Pensiun Sekaligus
(&#8220;MPS&#8221;). MPS is given to those employees reaching retirement age, death or
disabled starting from February 1, 2009. The change in benefit had increased the
Company&#8217;s liabilities by Rp.434,975 million, which is amortized over 8.63 years
until 2018. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
actual return on plan assets was </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Rp.</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">2,890,465 &nbsp;million and
</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;Rp.</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">503,200 &nbsp;million for the years
ended December&nbsp;31, 2010 and nine months period ended September 30, 2011,
respectively.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
movement of the accrued pension benefits costs for the years ended
December&nbsp;31, 2010 and nine months period ended September 30, 2011, is as
follows:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 94.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Accrued
      pension benefits costs at beginning of year</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">410,209</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">61,044</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Net
      periodic pension cost less amounts charged to subsidiaries</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">430,170</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">288,270</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Amounts
      charged to subsidiaries under contractual agreements</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,484</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">975</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Employer&#8217;s
      contributions</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(780,819</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(264,931</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Accrued
      pension benefits costs at end of period</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">61,044</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">85,358</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">As of
December 31, 2010 and September 30, 2011, plan assets consisted mainly of
Indonesian Government bonds and corporate bonds. As of December 31, 2010, plan
assets included Series B shares and bonds issued by the Company with fair value
totaling Rp.268,801&nbsp;million and Rp.155,700 million, respectively,
representing 1.78% and 1.03% of total assets of Dapen as of December
31,&nbsp;2010, respectively. As of September 30, 2011, plan assets included
Series B shares and bonds issued by the Company with fair value totaling
Rp.268,412&nbsp;million and Rp.156,375 million, respectively, representing 1.95%
and 1.14% of total assets of Dapen as of September 30,&nbsp;2011,
respectively.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
actuarial valuation for the defined benefit pension plan and the other
post-retirement benefits (Note 41b) was performed based on the measurement date
as of December&nbsp;31,&nbsp; 2009 and 2010, with reports dated March 30, 2010
and March 15, 2011, respectively, by PT Towers Watson Purbajaga (&#8220;TWP&#8221;)
(formerly PT Watson Wyatt Purbajaga), an independent actuary in association with
Towers Watson (&#8220;TW&#8221;) (formerly Watson Wyatt Worldwide). The principal actuarial
assumptions used by the independent actuary as of December&nbsp;31, 2009 and
2010, are as follows:</FONT></P>
<P style="TEXT-ALIGN: center">95</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_98></A>
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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">41.&nbsp; PENSION AND OTHER POST-RETIREMENT BENEFITS
</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">a.</FONT></I></B><B><I><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></I></B><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Pension </FONT></I></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.
&nbsp;&nbsp;&nbsp; The Company (continued)</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 94.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="64%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2009</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="64%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Discount
      rate</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10.75%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9.5%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="64%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Expected
      long-term return on plan assets</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10.5%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9.7%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="64%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rate of
      compensation increases</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
components of net periodic pension costs are as follows:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 5pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 94.3%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 53.1pt" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="63%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 62pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December 31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 9pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September 30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="63%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Service
      costs</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0.75in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">330,734</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">296,839</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="63%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Interest
      costs</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0.75in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,199,971</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">974,276</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="63%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Expected
      return on plan assets</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,286,718</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,080,745</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="63%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Amortization of prior service costs</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">312,074</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">203,802</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="63%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Recognized
      actuarial gain</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(124,407</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(104,927</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="63%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Net
      periodic pension costs</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">431,654</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">289,245</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="63%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Amount
      charged to subsidiaries under contractual agreements</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,484</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(975</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="63%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total net
      periodic pension costs less amounts charged to subsidiaries
      </FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 34)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">430,170</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">288,270</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></I></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">2. &nbsp;&nbsp;&nbsp; Telkomsel</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Telkomsel provides a defined benefit pension plan to its
employees. Under this plan, employees are entitled to pension benefits based on
their latest basic salary or take-home pay and the number of years of their
service. PT Asuransi Jiwasraya (&#8220;Jiwasraya&#8221;),&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
a&nbsp;state-owned life insurance company, manages the plan under an annuity
insurance contract. Until 2004, the employees contributed 5% of their monthly
salaries to the plan and Telkomsel contributed any remaining amount required to
fund the plan. Starting 2005, the entire contributions are fully made by
Telkomsel.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
following table reconciles the unfunded status of the plans with the amounts
included in the consolidated </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">statement of financial position</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">s as
of December 31, 2010 and September&nbsp;30, 2011:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 4pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">96</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_99></A>
<a name="_bclPageBorder101"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">41.&nbsp; PENSION AND OTHER POST-RETIREMENT BENEFITS
</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">a.</FONT></I></B><B><I><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></I></B><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Pension </FONT></I></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></I></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">2. &nbsp;&nbsp;&nbsp; Telkomsel (continued)</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 94.12%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 54.9pt" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="63%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 60pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -1.45pt; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December 31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -1.45pt; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -1.45pt; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September 30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="63%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Projected
      benefits obligation</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(662,802</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(758,008</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="63%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Fair value
      of plan assets</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">245,985</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">247,762</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="63%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Unfunded
      status</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(416,817</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(510,246</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="63%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Unrecognized items in the consolidated</FONT><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"> statement of
      financial position</FONT><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">:&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="63%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 17.1pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Unrecognized prior service costs</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">639</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">553</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="63%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 17.1pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Unrecognized net actuarial losses</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">268,289</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">275,486</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="63%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Accrued
      pension benefits costs</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(147,889</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(234,207</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
components of the net periodic pension costs are as follows:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 94.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="63%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="63%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Service
      costs</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">43,507</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">50,480</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="63%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Interest
      costs</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">41,914</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">44,725</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="63%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Expected
      return on plan assets</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(16,156</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(16,590</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="63%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Amortization of past service costs</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">115</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">86</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="63%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Recognized
      actuarial losses</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,586</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9,393</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="63%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Net
      periodic pension costs </FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 34)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">74,966</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">88,094</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -1.8pt; MARGIN: 0in 0in 0pt 45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
net periodic pension cost for the pension plan was calculated based on
the&nbsp;measurement date as of December 31, 2009 and 2010, with reports dated
February 8, 2010 and February 23, 2011, respectively, by TWP, an independent
actuary in association with TW. The principal actuarial assumptions used by the
independent actuary based on the measurement date as of December 31, 2009 and
2010 for each of the year, are as follows:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 94.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="63%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 55pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2009</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 6pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="63%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Discount
      rate</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 46pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 46pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10.5%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 6pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 6pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 6pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="63%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Expected
      long-term return on plan assets</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10.5%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="63%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rate of
      compensation increases</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 45pt"><FONT style="FONT-SIZE: 5pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">97</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_100></A>
<a name="_bclPageBorder102"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">41.&nbsp; PENSION AND OTHER POST-RETIREMENT BENEFITS
</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">a.&nbsp;&nbsp;&nbsp;&nbsp; Pension </FONT></I></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">3.
&nbsp;&nbsp;&nbsp; Infomedia</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 45pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Infomedia provides a defined benefit pension plan to its
employees. The reconciliation of the funded status of the plan with the net
amount recognized in the consolidated </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">statement of financial
position</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">s as of December 31, 2010 and September 30, 2011, are as
follows:</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 94.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="63%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="63%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Projected
      benefits obligation</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(8,208</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(9,167</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="63%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Fair value
      of plan assets</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9,196</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9,988</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="63%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Funded
      status</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">988</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">821</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="63%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Prepaid
      pension benefits costs</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">988</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">821</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
net periodic pension costs (benefits) of Infomedia amounted to (Rp.524) million
and Rp.168&nbsp;million for the year ended December 31, 2010 and nine months
period ended September 30, 2011, respectively (Note&nbsp;34).</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">b.</FONT></I></B><B><I><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></I></B><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Other post-retirement benefits</FONT></I></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
Company provides other post-retirement benefits in the form of cash paid to
employees on their retirement or termination. These benefits consist of last
housing allowance (&#8220;Biaya Fasilitas Perumahan Terakhir&#8221; or BFPT) and home
passage leave (&#8220;Biaya Perjalanan Pensiun dan Purnabhakti&#8221; or BPP). </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
movement of the other post-retirement benefits for the years ended
December&nbsp;31, 2010 and nine months period ended September 30, 2011, are as
follows:</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 96.04%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 36.9pt" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="64%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="64%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Accrued
      other post-retirement benefits costs at beginning of year</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">209,183</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">240,627</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="64%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Other
      post-retirement benefits costs</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">65,876</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">48,406</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="64%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Other
      post-retirement benefits paid</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(34,432</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(21,633</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="64%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total
      accrued other post-retirement benefits costs at end of
      period</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">240,627</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">267,400</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">98</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_101></A>
<a name="_bclPageBorder103"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">41.&nbsp; PENSION AND OTHER POST-RETIREMENT BENEFITS
</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">b.</FONT></I></B><B><I><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></I></B><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Other post-retirement benefits </FONT></I></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
components of the net periodic other post-retirement benefits costs for the year
ended December 31, 2010 and nine months period ended September 30, 2011, are as
follows:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 96.14%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="64%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="64%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Service
      costs</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">18,690</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6,704</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="64%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Interest
      costs</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">35,900</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">27,616</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="64%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Amortization of past service costs</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6,826</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,120</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="64%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Recognized
      actuarial losses</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,460</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,966</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="64%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total net
      periodic other post-retirement benefits costs </FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note
      34)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">65,876</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">48,406</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
c.&nbsp;&nbsp;&nbsp;&nbsp; Obligation under Labor Law</FONT></I></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Under
Law No. 13/2003 concerning labor regulation, the Company and its subsidiaries
are required to provide a minimum pension benefit, if not covered yet by the
sponsored pension plans, to their employees upon retirement age. The total
related obligation recognized as of December 31, 2010 and September 30, 2011
amounted to Rp.87,430 million and Rp.105,706&nbsp;million, respectively. The
related employees&#8217; benefits cost charged to expense amounted to
Rp.22,920&nbsp;million and Rp.18,614 million for the year ended December 31,
2010 and nine months period ended September 30, 2011, respectively
(Note&nbsp;34).</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">42.&nbsp; LONG SERVICE AWARDS (&#8220;LSA&#8221;)</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Telkomsel provides certain cash awards or certain number
of days leave benefits to its employees based on the employees&#8217; length of
service requirements, including LSA and LSL. LSA&nbsp;are either paid at the
time the employees reach the anniversary dates during employment, or at the time
of termination. LSL are either certain number of days leave benefit or cash,
subject to approval by management, provided to employees who met the requisite
number of years of service and with a certain minimum age.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 45pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">The
obligation with respect to these awards was determined based on an actuarial
valuation using the Projected Unit Credit method, and amounted to
Rp.242,149&nbsp;million and Rp.238,574&nbsp;million as of </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">December 31, 2010 and September 30, 2011 </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">,
respectively (Note 44). The related benefits costs charged to expense amounted
to Rp.78,323 million and Rp.37,358 million</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> for the year ended
December&nbsp;31, 2010 and nine months period ended September 30,
2011</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">, respectively (Note&nbsp;34).</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">99</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_102></A>
<a name="_bclPageBorder104"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">43.&nbsp; POST-RETIREMENT HEALTH CARE
BENEFITS</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
Company provides a post-retirement health care plan to all of its employees
hired before November 1, 1995 who have worked for the Company for 20 years or
more when they retire, and to their eligible dependents. The requirement to work
for 20 years does not apply to employees who retired prior to June 3, 1995. The
employees hired by the Company starting from November 1, 1995 no longer are
entitled to this plan. The plan is managed by Yayasan Kesehatan Pegawai Telkom
(&#8220;Yakes&#8221;).</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 45pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
defined contribution post retirement health care plan is provided to employees
hired with permanent status on or after November 1, 1995 or employees with terms
of service less than 20 years on the time of retirement. The Company&#8217;s
contribution amounted to Rp.20,117 million and Rp.19,047&nbsp;million for the
year ended December 31, 2010 and nine months period ended September 30, 2011,
respectively. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 45pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
following table presents the change in the projected benefits obligation, change
in plan assets, funded status of the plan and net amount recognized in the
Company&#8217;s consolidated </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">statement of financial position</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">s as
of December 31, 2010 and September 30, 2011</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-AU color=windowtext face="Times New Roman">:&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 3pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<DIV align=left>
<TABLE style="WIDTH: 97.98%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 18.9pt" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 44pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.65pt; MARGIN: 0in 0in 0pt 0.65pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December 31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.65pt; MARGIN: 0in 0in 0pt 0.65pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.65pt; MARGIN: 0in 0in 0pt 0.65pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September 30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Change in
      projected benefits obligation</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Projected
      benefits obligation at beginning of year</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">7,165,974</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,741,111</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Service
      costs</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">83,921</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">31,967</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Interest
      costs</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">744,551</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">613,418</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Actuarial
      (gains) losses</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">1,034,589</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(474,853</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Expected
      post-retirement health care paid</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(287,924</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(197,606</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Projected
      benefits obligation at end of year</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,741,111</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,714,037</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Change in
      plan assets</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Fair value
      of plan assets at beginning of year</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6,022,263</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,005,054</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Expected
      return on plan assets</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">589,530</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">495,883</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Employer&#8217;s
      contributions</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">990,688</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">252,506</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Actuarial
      (losses) gains</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">690,497</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(474,853</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Expected
      post-retirement health care paid</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(287,924</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(197,606</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Fair value
      of plan assets at end of year</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,005,054</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,080,984</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Funded
      status</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(736,057</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(633,053</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Unrecognized net actuarial gains</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(313,973</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(313,973</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="65%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Accrued
      post-retirement health care benefits costs</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,050,030</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(947,026</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.9pt; MARGIN: 0in 0in 0pt 18.9pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.9pt; MARGIN: 0in 0in 0pt 18.9pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">The
actual return on plan assets was Rp.1,280,027&nbsp;million and Rp.385,659
million </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">for the year ended December&nbsp;31, 2010 and nine months
period ended September 30, 2011</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">, respectively.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">100</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_103></A>
<a name="_bclPageBorder105"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">43.&nbsp; POST-RETIREMENT HEALTH CARE BENEFITS
</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
components of net periodic post-retirement health care benefits cost are as
follows:</FONT></P>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 97.92%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 19.35pt" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Service
      costs</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">83,921</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">31,967</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Interest
      costs</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">744,551</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">613,418</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Expected
      return on plan assets</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(589,530</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(495,883</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Net
      periodic post-retirement benefits costs</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">238,942</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">149,502</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Amounts
      charged to subsidiaries under contractual agreements</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(688</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(507</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total net
      periodic post-retirement health care benefits costs less amounts charged
      to subsidiaries </FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 34)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">238,254</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">148,995</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; As of December
31, 2010 and September 30, 2011 , plan assets included the Company&#8217;s Series B
shares with total fair value of Rp.</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">34,419&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">
million and Rp.</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">43,554&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> million, respectively.
</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
movements of the accrued post-retirement health care benefits costs for the
years ended December&nbsp;31, 2010 and nine months period ended September 30,
2011</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">,&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> are as follows:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 97.92%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 19.35pt" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Accrued
      post-retirement health care benefits costs at beginning of
    year</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,801,776</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,050,030</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Net
      periodic post-retirement health care benefits costs less amounts charged
      to subsidiaries (Note 34)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">238,254</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">148,995</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Amounts
      charged to subsidiaries under contractual agreements</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">688</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">507</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Employer&#8217;s
      contributions</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(990,688</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(252,506</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Accrued
      post-retirement health care benefits costs at end of
year</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,050,030</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">947,026</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
actuarial valuation for the post-retirement health care benefits was performed
based on the measurement date as of December 31, 2009 and 2010, with reports
dated March 30, 2010 and March 15, 2011, respectively, by TWP, an independent
actuary in association with TW. The principal actuarial assumptions used by the
independent actuary as of December&nbsp;31,&nbsp;2009 and
2010,&nbsp;are&nbsp;as&nbsp;follows:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center">101</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_104></A>
<a name="_bclPageBorder106"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">43.&nbsp; POST-RETIREMENT HEALTH CARE BENEFITS
</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<DIV align=left>
<TABLE style="WIDTH: 98.06%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="64%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" width="17%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2009</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="64%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Discount
      rate</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10.75%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9.5%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="64%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Expected
      long-term return on plan assets</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9.25%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8.21%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="64%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Health
      care costs trend rate assumed for next year</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="64%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Ultimate
      health care costs trend rate</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8%</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="64%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Year that
      the rate reaches the ultimate trend rate</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2012</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2011</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: 104%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">44.&nbsp; RELATED PARTY TRANSACTIONS</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">In
the normal course of business, the Company and its subsidiaries entered into
transactions with related parties. It is the Company's policy that the pricing
of these transactions be the same as those of arm&#8217;s-length
transactions.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
following are significant agreements/transactions with related
parties:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">a.&nbsp;&nbsp;&nbsp;&nbsp; Government </FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.55pt; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">i.
&nbsp;&nbsp;&nbsp;&nbsp; The Company obtained two-step loans from the
Government, the Company's majority stockholder (Note 20).</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.55pt; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Interest expense for two-step loans amounted to
Rp.121,332 million and Rp.113,863 million for nine months period ended September
30, 2010 and 2011, respectively. Interest expense for two-step loans represent
8.49% and 9.42% of the total interest expense for each period.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">ii.
&nbsp;&nbsp;&nbsp; The Company and its subsidiaries pay concession fees for
telecommunications services provided and radio frequency usage charges to the
Ministry of Communications and Information of the Republic of
Indonesia.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Concession
fees amounted to Rp.255,915 million and Rp.263,651 million for nine months
period ended September 30, 2010 and 2011, respectively (Note 35), representing
0.7% of the total operating expenses for each period. Radio frequency usage
charges amounted to Rp.2,631,906 million and Rp.2,384,569 million for nine
months period ended September 30, 2010 and 2011, respectively (Note 35),
representing 7.5% and 6.5% of the total operating expenses for each
period.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Telkomsel paid
an up-front fee for the 3G license amounting to Rp.756,000 million and
recognized an intangible asset (Note 13.iii).</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">iii.&nbsp;&nbsp;&nbsp; Starting 2005, the Company and its
subsidiaries pay USO charges to the Ministry of Communications and Information
of the Republic of Indonesia pursuant to MoCI Regulation
No.15/Per/M.KOMINFO/9/2005 of September 30, 2005.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; USO charges
amounted to Rp.624,020 million and Rp.635,947 million for nine months period
ended September 30, 2010 and 2011, respectively (Note 35), representing 1.8% and
1.7% of the total operating expenses for each period.</FONT></P>
<P style="TEXT-ALIGN: center">102</P></DIV>
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<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_105></A>
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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">44.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
RELATED PARTY TRANSACTIONS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">b.
&nbsp;&nbsp;&nbsp; Commissioners and Directors remuneration</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><I><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">i.
&nbsp;&nbsp;&nbsp;&nbsp; The Company and its subsidiaries provide honorarium and
facilities to support the operational duties of their Board of Commissioners.
The total of such benefits amounted to Rp.42,208 million and Rp.41,695 million
for nine months period ended September 30, 2010 and 2011, respectively,
representing 0.1% of the total operating expenses for each period.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">ii.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
Company and its subsidiaries provide salaries and facilities to support the
operational duties of their Board of Directors. The total of such benefits
amounted to Rp.118,564 million and Rp.112,385 million for nine months period
ended September 30, 2010 and 2011, respectively, representing 0.3% of the total
operating expenses for each period.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">c.
&nbsp;&nbsp;&nbsp; Indosat</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><I><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
Company considers Indosat as a related party because the Government can exert
significant influence over the financial and operating policies of Indosat by
virtue of its right to appoint one Director and one Commissioner of
Indosat.&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
Company has an agreement with Indosat for the provision of international
telecommunications services to the public.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The principal
matters covered by the agreement are as follows: </FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">i.
&nbsp;&nbsp;&nbsp;&nbsp; The Company provides a local network for customers to
make or receive international calls. Indosat provides the international network
for the customers, except for certain border towns, as determined by the
Director General of Post and Telecommunications of the Republic of Indonesia.
The international telecommunications services include telephone, telex,
telegram,&nbsp;Package Switched Data Network (PSDN), television, teleprinter,
Alternate Voice/Data Telecommunications (AVD), hotline and
teleconferencing.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">ii.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
Company and Indosat are responsible for their respective telecommunications
facilities.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">iii.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Customer billing and collection, except for leased lines
and public phones located at the international gateways, are handled by the
Company.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">iv.
&nbsp;&nbsp; The Company receives compensation for the services provided in the
first item above, based on the interconnection tariff determined by the
MoC.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Company
has also entered into an interconnection agreement between the Company&#8217;s fixed
line network (Public Switched Telephone Network or &#8220;PSTN&#8221;) and Indosat&#8217;s GSM
mobile cellular telecommunications network in connection with implementation of
Indosat Multimedia Mobile services and the settlement of the related
interconnection rights and obligations.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Company
also has an agreement with Indosat for the interconnection of Indosat's GSM
mobile cellular telecommunications network with the Company's PSTN, enabling
each party&#8217;s customers to make domestic calls between Indosat&#8217;s GSM mobile
network and the Company&#8217;s fixed line network and allowing Indosat&#8217;s mobile
customers to access the Company&#8217;s IDD service by dialing&nbsp;&#8220;007&#8221;.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">103</P></DIV>
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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: 104%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">44.&nbsp; RELATED PARTY TRANSACTIONS </FONT></B><FONT style="LINE-HEIGHT: 104%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">c.&nbsp;&nbsp;&nbsp;&nbsp; Indosat </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
Company has been handling customer billings and collections for Indosat. Indosat
is gradually taking over the activities and performing its own direct billing
and collection. The Company receives compensation from Indosat computed at 1% of
the collections made by the Company beginning January 1, 1995, plus the billing
process expenses which are fixed at a certain amount per record. On December 11,
2008, the Company and Indosat agreed to implement IDD service charge tariff, the
tariff already taken into account the compensation of its billing and
collection. The agreement is valid and effective starting on January to December
2011, and can be applied until a new Minutes of Agreement available. </FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; On December
28, 2006, the Company and Indosat signed amendments to the interconnection
agreements for the fixed line networks (local, SLJJ and international) and
mobile network for the implementation of the cost-based tariff obligations under
the MoCI&nbsp;Regulations No. 8/2006 (Note&nbsp;47). These amendments took
effect on January 1, 2007. </FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Telkomsel also
entered into an agreement with Indosat for the provision of international
telecommunications services to its GSM mobile cellular customers. The principal
matters covered by the agreement are as follows:</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.75in; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.75in; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">i.</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman"> &nbsp;&nbsp;&nbsp; </FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Telkomsel&#8217;s GSM mobile cellular
telecommunications network is interconnected with PT&nbsp;Indosat&#8217;s
international gateway exchanges to facilitate outgoing and incoming
international calls.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.5in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ii.
&nbsp;&nbsp;&nbsp; Telkomsel&#8217;s and Indosat&#8217;s GSM mobile cellular
telecommunications networks are interconnected to allow cross-network
communications among their subscribers.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.75in; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">iii.</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman"> &nbsp; </FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">In exchange for these
interconnections,&nbsp;Indosat is entitled to a certain amount as
compensation.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.75in; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">iv.</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp; </FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Interconnection equipment installed by
one of the parties in another party&#8217;s premises remain the property of the party
installing such equipment. Expenses incurred in connection with the provision of
equipment, installation and maintenance are borne by Telkomsel.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Company
and its subsidiaries were earned interconnection income from Indosat of
Rp.700,125 million and Rp.617,199 million for nine months period ended September
30, 2010 and 2011, respectively, representing 1.3% and 1.2% of the total
operating revenues for each period. </FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Company
and its subsidiaries were charged interconnection charges from Indosat of
Rp.685,044 million and Rp.604,270 million for nine months period ended September
30, 2010 and 2011, respectively, representing 2.0%&nbsp; and 1.6% of the total
operating expenses for each period. </FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Telkomsel also
has an agreement with Indosat on the usage of Indosat's telecommunications
facilities. The agreement, which was made in 1997 and is valid for eleven years,
is subject to change based on annual review and mutual agreement by both
parties. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">In 2009, the agreement was renewed for 5 (five) years
through April 1, 2014. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The income (expense) from the usage of
the facilities amounted to Rp.3,238 million and Rp.2,603 million for nine months
period ended September 30, 2010 and 2011, respectively, representing 0.01% of
the total operating income (expense) for nine months period ended September 30,
2010 and 2011, respectively. </FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">104</P></DIV>
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<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_107></A>
<a name="_bclPageBorder109"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: 104%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">44.&nbsp; RELATED PARTY TRANSACTIONS </FONT></B><FONT style="LINE-HEIGHT: 104%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">c.&nbsp;&nbsp;&nbsp;&nbsp; Indosat </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other
agreements between Telkomsel and Indosat are as follows:</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">i.
&nbsp;&nbsp;&nbsp;&nbsp; Agreement on Construction and Maintenance for
Jakarta-Surabaya Cable System ("J-S Cable System")</FONT></I></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; On October 10,
1996, Telkomsel, Lintasarta, PT Satelit Palapa Indonesia (&#8220;Satelindo&#8221;) and
Indosat (the &#8220;Parties&#8221;) entered into an agreement on the construction and
maintenance of the J-S Cable System and is valid for 25 years. The construction
of the cable system was completed in 1998. In accordance with the agreement,
Telkomsel shared 19.325% of the total construction costs. Operating and
maintenance costs are shared based on an agreed formula.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Telkomsel's share of the operating and maintenance cost
of the cable system amounted to Rp.426 million and Rp.5 million for nine months
period ended September 30, 2010 and 2011, respectively.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><I><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">ii.&nbsp;&nbsp;&nbsp; IRU Agreement</FONT></I></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; On September
21, 2000, Telkomsel entered into agreement with Indosat on the use of
</FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">SEA-ME-WE 3</FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> and Tail Link in Jakarta and
Medan. In accordance with the agreement, Telkomsel was granted an IRU for
certain capacity of the Link starting from September&nbsp;21,&nbsp;2000 until
September 20, 2015, in return for an up-front payment of US$2.7 million (Note
12). In addition to the up-front payment, Telkomsel is also charged annual
operating and maintenance costs amounting to US$0.1 million.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; On December 8,
2010, the agreement was terminated with no refund of upfront payment.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">In
1994, the Company transferred to Satelindo the right to use a parcel of
Company-owned land located in Jakarta which had been previously leased to
Telekomindo. Based on the transfer agreement, Satelindo is given the right to
use the land for 30 years and can apply for the right to build properties
thereon. The ownership of the land is retained by the Company. Satelindo agreed
to pay Rp.43,023 million to the Company for the right to use of 30 years.
Satelindo paid Rp.17,210 million in 1994 while the remaining balance Rp.25,813
million was not paid because the Utilization Right (&#8220;Hak Pengelolaan Lahan&#8221; or
HPL) on the land could not be delivered as provided in the transfer agreement.
In 2000, the Company and Satelindo agreed on an alternative solution resulting
in the payment being treated as a lease expense up to 2006. In 2001, Satelindo
paid an additional amount of Rp.59,860 million as lease expense up to 2024. As
of December 31, 2010 and September 30, 2011, the prepaid portion is shown in the
consolidated </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">statement of financial position</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">s as
&#8220;Advances from customers and suppliers&#8221;. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
Company provides leased lines to Indosat and its subsidiaries, namely Indosat
Mega Media, Lintasarta and PT Sistelindo Mitralintas. The leased lines can be
used by these companies for telephone, telegraph, data, telex, facsimile or
other telecommunication services. Revenues earned from these transactions
amounted to Rp.101,486 million and Rp.92,010 million for nine months period
ended September 30, 2010 and 2011, respectively, representing 0.2% of the total
operating revenues for each period.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">105</P></DIV>
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<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_108></A>
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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: 104%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">44.&nbsp; RELATED PARTY TRANSACTIONS </FONT></B><FONT style="LINE-HEIGHT: 104%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">c.&nbsp;&nbsp;&nbsp;&nbsp; Indosat </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Lintasarta utilizes the Company&#8217;s satellite transponders
or frequency channels. Revenues earned from these transactions amounted to
Rp.21,453 million and Rp.16,463 million for nine months period ended September
30, 2010 and 2011, respectively, representing 0.04% and 0.03% of total operating
revenues for each period.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.5in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Telkomsel has an agreement with Lintasarta (valid until October 31, 2010,
however, the current usage of the system is temporarily based on the agreement)
and PT Artajasa&nbsp; Pembayaran Elektronis (&#8220;Artajasa&#8221;) (valid until May 2011)
(a 39.8% owned subsidiary of Indosat) for the usage of data communication
network system. The charges from Lintasarta and Artajasa for the services
amounted to Rp.19,506 million and Rp.21,915 million for nine months period ended
September 30, 2010 and 2011, respectively, representing 0.1% of the total
operating expenses for each period.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">d.&nbsp;&nbsp;&nbsp;&nbsp; Others</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Transactions with all BUMN are considered as related
parties transactions:</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 45pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -27pt; MARGIN: 0in 0in 0pt 63pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(i)</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The Company provides telecommunication services to
substantially all Government Agencies in Indonesia for which transactions are
treated as that of third parties customers.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -28.35pt; MARGIN: 0in 0in 0pt 63.8pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(ii)</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The Company has entered into agreements with Government
Agencies and associated companies, namely CSM, Patrakom and PSN for the
utilization of the Company's satellite transponders or frequency channels.
Revenues earned from these transactions amounted to Rp.93,461 million and
Rp.86,105 million for nine months period ended September 30, 2010 and 2011,
respectively, representing 0.2% of the total operating revenues for each
period.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 5pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -28.35pt; MARGIN: 0in 0in 0pt 63.8pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(iii)</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The Company provides leased lines to associated
companies, namely CSM, Patrakom, PSN and Gratika. The leased lines can be used
by the associated companies for telephone, telegraph, data, telex, facsimile or
other telecommunications services. Revenues earned from these transactions
amounted to Rp.32,995&nbsp;million and Rp.24,667 million for nine months period
ended September 30, 2010 and 2011, respectively, representing 0.1%&nbsp; and
0.05% of the total operating revenues for each period.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 5pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -28.35pt; MARGIN: 0in 0in 0pt 63.8pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(iv)</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The Company purchases property, plant and equipment
including construction and installation services from a number of related
parties. These related parties include, among others, PT&nbsp;Industri
Telekomunikasi Indonesia (&#8220;INTI&#8221;) and Kopegtel. Purchases made from these
related parties amounted to Rp.75,043&nbsp;million and Rp.138,792 million for
nine months period ended September 30, 2010 and 2011, respectively, representing
0.7% and 2.8% of the total fixed assets purchased in each period.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 5pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -28.35pt; MARGIN: 0in 0in 0pt 63.8pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(v)</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">INTI is also a major contractor and supplier of
equipment, including construction and installation services of Telkomsel.
Purchases from INTI for nine months period ended September 30, 2010 and 2011
amounted to Rp.84,510 million and Rp.40,175 million, respectively, representing
0.8% of the total fixed assets purchased in each period.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -28.35pt; MARGIN: 0in 0in 0pt 63.8pt"><FONT style="FONT-SIZE: 5pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">106</P></DIV>
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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">44.&nbsp; RELATED PARTY TRANSACTIONS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">d.&nbsp;&nbsp;&nbsp;&nbsp; Others </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -28.35pt; MARGIN: 0in 0in 0pt 63.8pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(vi)</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Telkomsel has an agreement with PSN for the lease of
PSN&#8217;s transmission link. Based on the agreement, which was made on March 14,
2001, the minimum lease period is 2 years since the operation of the
transmission link and is extendable subject to agreement by both parties. The
agreement was extended until March 13, 2011. The lease charges amounted to
Rp.132,582 million and Rp.124,843 million for nine months period ended September
30, 2010 and 2011, respectively, representing 0.4% and 0.3% of the total
operating expenses for each period.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -28.35pt; MARGIN: 0in 0in 0pt 63.8pt"><FONT style="FONT-SIZE: 5pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -28.35pt; MARGIN: 0in 0in 0pt 63.8pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(vii)</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The Company and its subsidiaries insured their property,
plant and equipment against property losses, inventories and employees' social
security from Jasindo, PT Asuransi Tenaga Kerja and Jiwasraya, state-owned
insurance companies. Insurance premiums amounted to Rp.291,989 million and
Rp.330,721 million for nine months period ended September 30, 2010 and 2011,
respectively, representing 0.8% and 0.9% of the total operating expenses for
each period.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -28.35pt; MARGIN: 0in 0in 0pt 63.8pt"><FONT style="FONT-SIZE: 5pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -28.35pt; MARGIN: 0in 0in 0pt 63.8pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(viii)</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The Company and its subsidiaries maintain current
accounts and time deposits in several state-owned banks. In addition, some of
these banks are appointed as collecting agents for the Company. Total placements
in the form of current accounts, time deposits and mutual funds in state-owned
banks amounted to Rp.7,362,270 million and Rp.7,653,175 million as of&nbsp;
September 30, 2010 and 2011, respectively, representing 7.4% and 7.7% of the
total assets. Interest income recognized for nine months period ended September
30, 2010 and 2011 amounted to Rp.91,843&nbsp;million and Rp.168,271 million,
representing 31.8% and 43.6%&nbsp; of the total interest income for each
period.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -28.35pt; MARGIN: 0in 0in 0pt 63.8pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(ix)</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The Company and its subsidiaries obtained loans from
state-owned banks. Interest expense on these loans for nine months period ended
September 30, 2010 and 2011 amounted to Rp.664,439 million and Rp.444,740
million, respectively, representing 46.5% and 36.8% of the total interest
expense for each period.</FONT></P>
<P style="MARGIN: 0in 0in 10pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=windowtext face=Calibri,sans-serif>&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -28.35pt; MARGIN: 0in 0in 0pt 63.8pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(x)</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The Company leases buildings, leases vehicles, purchases
materials and construction services, and utilizes maintenance and cleaning
services of Kopegtel and PT Sandhy Putra Makmur (&#8220;SPM&#8221;), a&nbsp;subsidiary of
Yayasan Sandikara Putra Telkom - a foundation managed by Dharma Wanita Telkom.
Total charges from these transactions amounted to Rp.439,571 million and
Rp.367,798 million for nine months period ended September 30, 2010 and 2011,
respectively, representing 1.3% and 1.0% of the total operating expenses for
each period.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -28.35pt; MARGIN: 0in 0in 0pt 63.8pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(xi)</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The Company and its subsidiaries earned interconnection
revenues from PSN, with a total of Rp.3,711 million and Rp.3,266 million for
nine months period ended September 30, 2010 and 2011, respectively,
representing&nbsp; 0.01% of the total operating revenues for each period. And
incurred interconnection expenses from PSN, with a total of Rp.3,782 million and
Rp.2,871 million for nine months period ended September 30, 2010 and 2011,
respectively, representing&nbsp; 0.01% of the total operating expenses for each
period.</FONT></P>
<P style="TEXT-ALIGN: center">107</P></DIV>
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<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_110></A>
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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">44.&nbsp; RELATED PARTY TRANSACTIONS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">d.&nbsp;&nbsp;&nbsp;&nbsp; Others </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -28.35pt; MARGIN: 0in 0in 0pt 63.8pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(xii)</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The Company has RSA with Kopegtel. Kopegtel&#8217;s share in
revenues from these arrangements amounted to Rp.657 million and Rp.408 million
for nine months period ended September 30, 2010 and 2011, respectively,
representing less than 0.01% of the total operating revenues for each
period.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -28.35pt; MARGIN: 0in 0in 0pt 63.8pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -28.35pt; MARGIN: 0in 0in 0pt 63.8pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(xiii)</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Telkomsel has operating lease agreements with Patrakom
and CSM for the use of their transmission link for 3 years, subject to
extension. Lease charges amounted to Rp.148,595 million and Rp.133,817 million
for nine months period ended September 30, 2010 and 2011, respectively,
representing 0.4% of the total operating expenses for each period. </FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -28.35pt; MARGIN: 0in 0in 0pt 63.8pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -28.35pt; MARGIN: 0in 0in 0pt 63.8pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(xiv)</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Koperasi Pegawai Telkomsel (&#8220;Kisel&#8221;) is a cooperation
that was established by Telkomsel&#8217;s employees to engage in car rental services,
printing and distribution of customer bills, collection and other services
principally for the benefit of Telkomsel. For these services, Kisel charged
Telkomsel Rp.410,730 million and Rp.498,029 million for nine months period ended
September 30, 2010 and 2011, respectively, representing 1.2% and 1.4% of the
total operating expenses for each period. Telkomsel also has dealership
agreements with Kisel for distribution of SIM cards and pulse reload vouchers.
Total SIM cards and pulse reload vouchers which were sold to Kisel amounted to
Rp.1,644,348 million and Rp.1,729,372 million for nine months period ended
September 30, 2010 and 2011, respectively, representing 3.2%&nbsp; and 3.3% of
the total operating revenues for each period.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -28.35pt; MARGIN: 0in 0in 0pt 63.8pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -27.8pt; MARGIN: 0in 0in 0pt 63.8pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;(xv) &nbsp;&nbsp; Telkomsel has procurement
agreements with Gratika, a subsidiary of Dapen, for installation and maintenance
of equipment. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The agreement was valid initially from February 14, 2006
to December 31, 2009 and has been extended until March 31, 2011. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">As of
the issuance date of the consolidated financial statements</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">, the
agreement is in the process of being extended. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Total
procurement for installations of equipment amounted Rp.18,770 million and
Rp.5,137 million for nine months period ended September 30, 2010 and 2011,
respectively, representing 0.2% and 0.1% of the total acquisition of fixed
assets for each period; and for maintenance of equipment amounted to Rp.10,870
million and Rp.7,880 million for nine months period ended September 30, 2010 and
2011, respectively, representing less than 0.01% and 0.02% of the total
operating expenses for each period.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">108</P></DIV>
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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">44.&nbsp; RELATED PARTY TRANSACTIONS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Presented below are balances of accounts with related
parties: </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><FONT style="FONT-SIZE: 5pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
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      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><SUP><B><FONT style="FONT-SIZE: 6pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><B><FONT style="FONT-SIZE: 6pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="33%" colSpan=3>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="34%" colSpan=3>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><SUP><B><FONT style="FONT-SIZE: 6pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="3%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 34pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Amount</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">% of total
      assets</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Amount</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="18%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">% of total
      assets</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 16pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="3%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">a.</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Cash and
      cash equivalents </FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 5)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 17pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 17pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">7,443,452</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 4pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 4pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">7.46</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 6pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 6pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">7,230,430</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 7pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 7pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">7.27</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 7pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="3%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">b.</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Temporary
      investments</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">300,977</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.30</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">287,583</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.29</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="3%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">c.</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Trade
      receivables - net </FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 6)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">780,043</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.78</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,240,220</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1.25</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="3%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">d.</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Other
      receivables</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="3%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">State-owned banks (interest)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">13,978</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.01</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,897</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.01</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="3%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Patrakom</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,888</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.00</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,169</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.00</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="3%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Gratika</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">262</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.00</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">328</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.00</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="3%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Yakes</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">22</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.00</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">22</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.00</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="3%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Other</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">837</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.00</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">160</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.00</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="3%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">16,987</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.01</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,576</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.01</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="3%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">e.</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Advances
      and prepaid expenses </FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 8)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,401,386</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2.41</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">829,063</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.83</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="3%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">f.</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Other
      current assets </FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 9)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="18%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="3%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">BNI</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">593</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.00</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">593</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.00</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="3%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">BRI</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">347</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.00</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.00</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="3%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Bank
      Mandiri</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">235</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.00</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">499</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.00</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="3%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,175</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.00</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,092</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.00</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="3%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">g.</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Prepaid
      pension benefit cost </FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 41)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">988</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">0.00</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">821</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">0.00</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="3%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">h.</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Advances
      and other non-current assets </FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 12)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="18%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="3%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">BNI</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">94,544</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.09</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">92,653</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.09</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="3%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Bank
      Mandiri</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,020</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.01</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,692</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.00</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="3%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Perusahaan
      Umum Percetakan Uang Republik Indonesia (Peruri)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">813</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.00</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">813</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.00</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="3%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">100,377</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.10</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">98,158</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.09</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="3%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">i.</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Escrow
      accounts </FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 14)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">41,552</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.04</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">40,604</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.04</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: center">109</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_112></A>
<a name="_bclPageBorder114"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">44.&nbsp; RELATED PARTY TRANSACTIONS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 97.82%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 20.25pt" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.6pt; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="33%" colSpan=3>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="33%" colSpan=3>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 11pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.6pt; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Amount</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">% of total
      liabilities</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Amount</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">% of total
      liabilities</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 11pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="2%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">j.</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.6pt; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Trade payables </FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note
      15)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.6pt; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Government Agencies</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">400,238</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.92</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">367,545</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.89</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="2%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.6pt; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Kopegtel</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">140,311</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.32</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">70,595</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.17</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.6pt; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">State-owned enterprises</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">287,433</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.67</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">62,183</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.15</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="2%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.6pt; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Indosat</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">62,369</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.14</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">56,076</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.14</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.6pt; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Yakes</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">60,562</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.14</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">45,976</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.11</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="2%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.6pt; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">SPM</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">12,446</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.03</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,710</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.01</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.6pt; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Gratika</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">33,515</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.08</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,340</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.01</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="2%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.6pt; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Patrakom</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">837</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.00</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,518</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.00</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.6pt; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">INTI</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">13,917</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.03</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,016</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.00</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="2%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.6pt; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">PSN</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">551</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.00</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">97</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.00</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.6pt; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Others</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">141,695</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.33</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">62,290</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.15</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="2%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.6pt; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,153,874</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2.66</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">674,346</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1.63</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">k.</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.6pt; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Accrued expenses </FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 16)
      </FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="2%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.6pt; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Employees</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">894,733</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2.07</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,378,552</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3.34</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.6pt; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Government Agencies and state-owned
    banks</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">65,522</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.15</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">87,048</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.21</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="2%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.6pt; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=FI color=windowtext face="Times New Roman">PT Jaminan Sosial Tenaga Kerja
    (Persero)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=FI color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=FI color=windowtext face="Times New Roman">22,649</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=FI color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=FI color=windowtext face="Times New Roman">0.05</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=FI color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=FI color=windowtext face="Times New Roman">22,306</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=FI color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=FI color=windowtext face="Times New Roman">0.05</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=FI color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 8pt" lang=FI color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.6pt; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">982,904</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2.27</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,487,906</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3.60</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="2%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">l.</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.6pt; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Short-term bank loans </FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note
      18)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.6pt; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">BSM</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,000</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.01</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">7,000</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.02</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="2%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">m.</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.6pt; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Accrued LSA </FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note
      42)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">242,149</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.56</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">238,574</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.58</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">n.</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.6pt; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Accrued post-retirement health care benefits
      </FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 43)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,050,030</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2.42</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">947,026</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2.30</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">o.</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -19.55pt; MARGIN: 0in 0in 0pt 18.95pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Accrued pension and other post-retirement benefits
      costs </FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 41)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">536,990</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1.24</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">692,671</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,68</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">p.</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.6pt; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Two-step loans </FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note
      20)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,136,666</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">7.24</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,830,218</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6.86</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="2%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">q.</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.6pt; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Bonds and notes </FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note
      21)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">100,750</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.23</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">88,700</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.22</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">r.</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.6pt; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Long-term bank loans </FONT></B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note
      22)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="2%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.6pt; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">BNI</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">3,748,871</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">8.65</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">2,457,563</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">5.96</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 8pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.6pt; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">Bank Mandiri</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">3,073,387</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">7.09</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">2,109,478</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">5.12</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="2%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 8pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.6pt; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">BRI</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">2,197,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">5.07</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">1,258,730</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">3.05</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="2%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 8pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.6pt; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">BTN</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">7,084</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">0.02</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="2%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 8pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.6pt; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">Total</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">9,026,342</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">20.83</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">5,825,771</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">14.13</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=DA color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center">110</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_113></A>
<a name="_bclPageBorder115"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">45.&nbsp; SEGMENT INFORMATION</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
Company and its subsidiaries have three main business segments operating in
Indonesia namely: fixed wireline, fixed wireless and cellular. The fixed
wireline segment provides local, SLJJ and international telephone services, and
other telecommunications services (including among others, leased lines, telex,
transponder, satellite and VSAT) as well as ancillary services. The fixed
wireless segment provides CDMA-based telecommunication services which offers
customers the ability to use a wireless handset with limited mobility (within a
local code area). The cellular segment provides basic telecommunication
services, particularly mobile cellular telecommunication services. Operating
segments that do not individually represent more than 10% of the Company&#8217;s
revenues are presented as &#8220;Others&#8221;, comprising of information technology
services, telephone directories and building management businesses. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Segment revenues and expenses include transactions
between business segments and are accounted for at prices that management
believes represent market prices.</FONT></P>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><B><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
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      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
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      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
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      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
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      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">2010*</FONT></B></P></TD>
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      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
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      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
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      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
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      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 13pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Fixed</FONT></B></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">wireline</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Fixed</FONT></B></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">wireless</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Cellular</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Others</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Total before</FONT></B></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">elimination</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Elimination</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Total</FONT></B></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">consolidated</FONT></B></P></TD>
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      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
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      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Segment results</FONT></B></P></TD>
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      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><SUP><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="28%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">External operating revenues</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">16,</FONT><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">076,425&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">2,266,972</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">32,647,160</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">318,340</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">51,308,897</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">51,308,897</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="28%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Inter-segment operating revenues</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">3,</FONT><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">827,862&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">130,845</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">1,422,333</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">531,690</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">5,912,730</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(5,912,730</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="28%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Total segment revenues</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">19,904,287</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">2,397,817</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">34,069,493</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">850,030</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">57,221,627</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(5,912,730</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">51,308,897</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="28%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">External operating expenses</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(13,</FONT><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">175,440&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(2,</FONT><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">075,546&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(18,192,411</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(671,366</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(34,114,763</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(34,114,763</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="28%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Inter-segment operating expenses</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(2,</FONT><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">701,429&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(</FONT><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">92,434&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(3,102,345</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(30,580</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(5,926,788</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">5,926,788</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="28%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Segment expenses</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(15,876,869</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(2,167,980</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(21,294,756</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(701,946</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(40,041,551</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">5,926,788</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(34,114,763</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="28%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Segment results</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">4,027,418</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">229,837</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">12,774,737</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">148,084</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">17,180,076</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">14,058</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">17,194,134</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="28%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Interest income</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">289,266</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="28%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Equity in net income of associated
      companies</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(6,195</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="28%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Interest expense</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(1,429,873</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="28%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Gain on foreign exchange - net</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">131,024</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="28%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Other income - net</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">336,460</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="28%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Income tax expense</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(4,331,207</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="28%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Income for the period</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">12,183,609</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="28%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Foreign currency translation</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(1,994</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="28%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Change in fair value of available-for-sale
      financial assets - net of tax</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">32,620</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="28%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Total comprehensive income for the
    period</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">12,214,235</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="28%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Other informatio</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><SUP><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="28%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Segment assets</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">43,145,141</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">247,682</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">60,906,846</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">845,032</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">105,144,701</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(5,412,694</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">99,732,007</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="28%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Investments in associates</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(4,698,271</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">4,940,016</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">20,360</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">262,105</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">262,105</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="28%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Total consolidated assets</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">99,994,112</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="28%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Total consolidated liabilities</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(21,082,497</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(880,560</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(29,885,462</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(330,587</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(52,179,106</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">5,410,510</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(46,768,596</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="28%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Capital expenditures</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(2,832,057</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(25,758</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(6,416,167</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(44,340</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(9,318,322</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(9,318,322</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="28%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Depreciation and amortization</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(3,271,363</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(549,541</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(7,196,564</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(25,529</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(11,042,997</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(11,042,997</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="28%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Other non-cash expenses</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(293,207</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(26,247</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(97,750</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(5,443</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(422,647</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(422,647</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">* as restated, refer to Note 2p</FONT></P>
<P style="TEXT-ALIGN: center">111</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_114></A>
<a name="_bclPageBorder116"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 1.1pt 0pt 0in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">45.&nbsp; SEGMENT INFORMATION </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -27pt; MARGIN: 0in 1.1pt 0pt 27pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 97.98%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 18.9pt" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="29%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">2011</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="29%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 13pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Fixed</FONT></B></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">wireline</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Fixed</FONT></B></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">wireless</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Cellular</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Others</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Total before</FONT></B></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">elimination</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="9%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Elimination</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Total</FONT></B></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">consolidated</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="29%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Segment results</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><SUP><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="29%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">External operating revenues</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">16,632,118</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">1,701,318</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">34,337,118</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">380,337</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">53,050,891</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">53,050,891</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="29%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Inter-segment operating revenues</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">4,706,607</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(96,588</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">1,675,886</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">795,903</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">7,081,808</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(7,081,808</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="29%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Total segment revenues</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">21,338,725</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">1,604,730</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">36,013,004</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">1,176,240</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">60,132,699</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(7,081,808</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">53,050,891</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="29%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">External operating expenses</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(13,823,717</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(2,253,208</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(19,752,021</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(900,605</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(36,729,551</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(36,729,551</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="29%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Inter-segment operating expenses</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(3,748,385</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">57,993</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(3,388,494</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(35,520</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(7,114,406</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">7,114,406</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="29%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Segment expenses</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(17,572,102</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(2,195,215</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(23,140,515</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(936,125</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(43,843,957</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">7,114,406</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(36,729,551</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="29%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Segment results</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">3,766,623</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(590,485</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">12,872,489</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">240,115</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">16,288,742</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">32,598</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">16,321,340</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="29%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Interest income</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">385,640</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="29%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Equity in net income of associated
      companies</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(1,916</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="29%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Interest expense</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(1,209,201</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="29%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Loss on foreign exchange - net</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(40,341</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="29%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Other income - net</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">288,217</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="29%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Income tax expense</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(4,037,800</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="29%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Income for the period</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">11,705,939</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="29%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Foreign currency translation</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">492</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="29%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Change in fair value of available-for-sale
      financial assets - net of tax</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(4,891</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="29%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Total comprehensive income for the
    period</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">11,701,540</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="29%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Other informatio</FONT></B><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">n&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><SUP><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="29%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Segment assets</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">40,444,687</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">4,586,440</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">58,321,288</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">1,088,246</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">104,440,661</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(5,219,432</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">99,221,229</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="29%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Investments in associates</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">231,646</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">20,359</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">252,005</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">252,005</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="29%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Total consolidated assets</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">99,473,234</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="29%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Total consolidated liabilities</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(22,076,225</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(596,539</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(23,329,034</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(451,930</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(46,453,728</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">5,219,432</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(41,234,296</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="29%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Capital expenditures</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(3,214,431</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(27,266</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(5,426,285</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(64,826</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(8,732,808</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(8,732,808</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="29%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Depreciation and amortization</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(2,426,211</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(552,473</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(7,771,321</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(32,198</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(10,782,203</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(10,782,203</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="29%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">Other non-cash expenses</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(361,437</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(15,560</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(106,952</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(3,817</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(487,766</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">(487,766</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">46.&nbsp; REVENUE-SHARING ARRANGEMENTS (&#8220;RSA&#8221;)
</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
Company has entered into agreements with several investors under RSA to develop
fixed lines, public card-phone booths (including their maintenance), data and
internet network and related supporting telecommunications
facilities.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">As of
September 30, 2011, the Company has 10 RSA&#8217;s with 8 investors. The RSA&#8217;s are
located mainly in East Java, Kalimantan, Makassar, Pare-pare, Manado, Denpasar,
Mataram and Kupang, with concession periods ranging from 87 to 148 months.
</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Under
the RSA, the investors finance the costs incurred in developing the
telecommunications facilities. Upon completion of the construction, the Company
manages and operates the facilities and bears the cost of repairs and
maintenance during the revenue-sharing periods. The investors legally retain the
rights to the property, plant and equipment constructed by them during the RSA
periods. At the end of each RSA period, the investors transfer the ownership of
the facilities to the Company at a nominal price.</FONT></P>
<P style="TEXT-ALIGN: center">112</P></DIV>
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<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_115></A>
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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">46.&nbsp; RSA </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> &nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Generally, the revenues earned from the customers in the
form of line installation charges are allocated in full to the investors. The
revenues from outgoing telephone pulses and monthly subscription charges are
shared between the investors and the Company based on certain agreed ratio.
</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">In
2009, the Company made amendments to some PBH agreements for extending
the&nbsp;PBH period&nbsp;and the PBH ratio between the Company and
investors.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
net book value of the property, plant and equipment under RSA which have been
transferred to property, plant and equipment of the Company (Note 2p.i) amounted
to Rp.11,424&nbsp;million and Rp.2,352&nbsp;million as of December 31, 2010 and
September 30, 2011, respectively (Note 11).</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">47.&nbsp; TELECOMMUNICATIONS SERVICES
TARIFFS</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Under
Law No. 36/1999 and Government Regulation No. 52/2000, tariffs for the use of
telecommunications network and telecommunication services are determined by
providers based on the tariffs category, structure and with respect to fixed
line telecommunications services, at price cap formula set by the
Government.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">a.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Fixed line telephone tariffs</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
Government has issued a new adjustment tariff formula which is stipulated in the
MoCI Decree No. 15/Per/M.KOMINFO/4/2008 dated April 30, 2008 concerning
Procedure for Tariff Calculation for Basic Telephone Service which connected
through fixed line network. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Under
the Decree, tariff structure for basic telephone services which is connected
through fixed line network consists of the following:</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.5in; MARGIN: 0in 0in 0in 1in; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Connection fee</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.5in; MARGIN: 0in 0in 0in 1in; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Monthly charges</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.5in; MARGIN: 0in 0in 0in 1in; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Usage charges</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.5in; MARGIN: 0in 0in 0in 1in; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Additional facilities
fee</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Based on the Decree, the Company
adjusted the tariffs effective August 1, 2008 as follows:</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.75in; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Local charges decreased by
range from 2.5% to increase by 8.9%, depending on service usage and customer&#8217;s
segment</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.75in; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">SLJJ charges decreased by an
average range from 36.9% to an increase by an average of 13.7%, depending on
service usage and customer&#8217;s segment</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.75in; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">SMS charges decreased by an
average range from 42.8% to 49.7%, depending on service usage and customer&#8217;s
segment</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">113</P></DIV>
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<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_116></A>
<a name="_bclPageBorder118"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">47.&nbsp; TELECOMMUNICATIONS SERVICES TARIFFS
</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">b.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Mobile cellular telephone tariffs</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">On
April 7, 2008, the MoCI issued Decree No.&nbsp;09/PER/M.KOMINFO/04/2008
&#8220;Mechanism to Determine Tariff of Telecommunication Services which Connected
Through Mobile Cellular Network&#8221; which provides guidelines to determine cellular
tariffs with a formula consisting of network element cost and retail services
activity cost. This Decree replaced the previous Decree of No.
12/PER/M.KOMINFO/02/2006.&nbsp;&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.75in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Based
Decree No.&nbsp;09/PER/M.KOMINFO/04/2008 dated April 7, 2008 of the MoCI the
cellular tariffs consist of the following:</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.75in; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Basic services
tariff</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.75in; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Roaming tariff</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.75in; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Multimedia tariff,</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">with
the following structure:</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.75in; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Connection fee</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.75in; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Monthly charges</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.75in; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Usage charges</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.75in; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Additional facilities
fee.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
tariffs are determined based on certain formula consisting of:</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.75in; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Network element
cost;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.75in; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Retail service activity cost
plus margin.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
network element cost is determined using the Long Run Incremental Cost (LRIC)
Bottom up Method. The operators are allowed to apply </FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">de-average&nbsp;</FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> basic telephone service
usage cost and bundling tariffs, at maximum equal to tariff determined using the
above formula.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.75in; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">c.&nbsp;&nbsp;&nbsp;&nbsp; Interconnection
tariffs</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">On
December 28, 2006, the Company and all network operators signed amendments to
their interconnection agreements for fixed line (local, SLJJ and international)
and mobile networks for the implementation of the cost-based tariff obligations
under the MoCI Regulations No.&nbsp;08/Per/M.KOMINFO/02/2006. These amendments
took effect on January 1, 2007.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
Indonesian Telecommunication Regulatory Body (ITRB), in its letter No.
227/BRTI/XII/2010 dated December 31, 2010, decided to implement new interconnect
tariffs effective from January 1, 2011 for cellular, satellite and domestic PSTN
and effective from July 1, 2011 for fixed wireless access with a limited
mobility, shall be as follows:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></B></P>
<P style="TEXT-ALIGN: center">114</P></DIV>
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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">47.&nbsp; TELECOMMUNICATIONS SERVICES TARIFFS
</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">c.&nbsp;&nbsp;&nbsp;&nbsp; Interconnection tariffs
</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(1)&nbsp;&nbsp; Fixed line</FONT></I></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">a.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Local termination to the Company&#8217;s fixed wireline service
tariff is Rp.73/minute to Rp.202/minute.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">b.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Local termination to the Company&#8217;s fixed wireless service
tariff is Rp.73/minute to Rp.211/minute.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">c.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Long
distance termination to the Company&#8217;s fixed wireline service tariff is
Rp.539/minute to Rp.608/minute.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">d.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Long distance termination to the Company&#8217;s fixed wireless
service tariff is Rp.419/minute to Rp.611/minute.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">e.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Domestic termination to the Company&#8217;s fixed wireline
service tariff is Rp.594/minute.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">f.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Domestic termination to the Company&#8217;s fixed wireless
service tariff is Rp.610/minute.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">g.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">International origination from the Company&#8217;s fixed
wireless to other provider&#8217;s international fixed network service tariff is
Rp.610/minute.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(2)&nbsp;&nbsp; Cellular</FONT></I></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">a.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Local termination and origination service tariff is
Rp.251/minute.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">b.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Long distance termination and origination service tariff
is Rp.357/minute.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">c.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Long
distance termination from cellular mobile network service tariff is
Rp.461/minute.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">d.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Long distance termination from satellite network service
tariff is Rp.463/minute.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">e.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">International termination and origination service tariff
is Rp.453/minute.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">As of
the issuance date of the consolidated financial statements, the RIO is still in
renewal process.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Based
on Decree No. 14/PER/M.KOMINFO/02/2009 dated February 25, 2009 of the Ministry
of Communication and Information Technology, interconnection among operators is
settled through a telecommunication traffic clearing process. The clearing
function is undertaken collectively by operators under supervision of the
Indonesian Telecommunication Regulatory Body.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">On
March 2, 2009, 12 operators and PT Pratama Jaringan Nusantara (&#8220;PJN&#8221;) entered
into an agreement for operating Telecommunicating Traffic Clearing System
(&#8220;Sistem Kliring Trafik Telekomunikasi&#8221; or &#8220;SKTT&#8221;) that appointed PJN to conduct
voice interconnect clearing processes. PJN was appointed to conduct voice
interconnection clearing processes with the following conditions:</FONT></P>
<P style="TEXT-ALIGN: center">115</P></DIV>
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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">47.&nbsp; TELECOMMUNICATIONS SERVICES TARIFFS
</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">c.&nbsp;&nbsp;&nbsp;&nbsp; Interconnection tariffs
</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.75in; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Tariff is Rp.0.4 for every
call data record,</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.75in; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">To support the process, PJN
should provide SKTT within 6 months.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
agreement is valid for ten years, extendable based on agreement by both parties
or may be terminated prior to such period, subject to amongst other things,
PJN&#8217;s ability to:</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.75in; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Provide the system within the
above-mentioned period,</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.75in; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Change its Articles of
Association in compliance with Corporate Law No. 40/2007, within one
month.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">As of
the issuance date of the consolidated financial statements, the operation of
voice interconnect clearing by PJN has not been implemented.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">d.&nbsp;&nbsp;&nbsp;&nbsp; VoIP interconnection
tariff</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 45pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Previously,
the Minister of Communication (&#8220;MoC&#8221;) Decree No. KM.23/2002 provided that access
charges and network lease charges for the provision of VoIP services were to be
agreed between network operators and VoIP operators. On March 11, 2004, the MoC
issued Decree No. 31/2004, which stated that interconnection charges for VoIP
are to be fixed by the MoC. Currently, the MoCI has not yet determined what the
new VoIP interconnection charges will be. Until such time as the new charges are
fixed, the Company will continue to receive connection fees for calls that
originate or terminate on the Company&#8217;s fixed line network at an agreed fixed
amount per minute.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">e.&nbsp;&nbsp;&nbsp;&nbsp; Network lease
tariff</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
Government regulated the form, type and tariff structure and tariff formula for
services of network lease through MoCI Decree No. 03/Per/M.KOMINFO/1/2007 dated
January 26, 2007. Pursuant to the MoCI Decree, the Government released Director
General of Post and Telecommunication Decision Letter No. 115/Dirjen/2008 dated
March 24, 2008 which stated the agreement on Network Lease Service Type
Document, Network Lease Service Tariff, Available Capacity of Network Lease
Service, Quality of Network Lease Service and Provision Procedure of Network
Lease Service in 2008 Owned by Dominant Network Lease Service Provider in
conformity with the Company&#8217;s proposal. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
Company issued network leased tariffs which were valid starting from June 15,
2011, in a form of:</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">a.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Network leased activation fee starting from
Rp.2,400,000.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">b.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Monthly usage tariff for local end to end (under 25 km)
varies starting from Rp.3,800,000 up to Rp.187,800,000 depending on the
capacity, and monthly usage tariff for long distance end to end (over 25 km)
varies starting from Rp.6,100,000 up to Rp.1,361,300,000 depending on the
capacity.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">c.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Monthly usage tariff for local point to point (under 25
km) varies starting from Rp.1,200,000 up to Rp.84,300,000 depending on the
capacity, and monthly usage tariff for long distance point to point (over 25 km)
varies starting from Rp.3,900,000 up to Rp.1,257,800,000 depending on the
capacity.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">116</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_119></A>
<a name="_bclPageBorder121"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">47.&nbsp; TELECOMMUNICATIONS SERVICES TARIFFS
</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">f.&nbsp;&nbsp;&nbsp;&nbsp; Public phone kiosk (&#8220;warung
telekomunikasi&#8221; or &#8220;wartel&#8221;) tariff</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The MoC issued
Decree No. KM. 46/2002 dated August 7, 2002 regarding the
operation&nbsp;of&nbsp;phone kiosks as replaced by the MoCI Regulation No.
PM.05/Per/M.KOMINFO/I/2006 dated January&nbsp;30,&nbsp;2006, which provided the
Company the entitlement to retain a maximum of 70% of the phone kiosk basic
tariffs for domestic calls and up to 92% of phone kiosk basic tariffs for
international calls. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">g.&nbsp;&nbsp;&nbsp;&nbsp; Tariff for other
services</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The tariffs
for satellite rental and other telephony and multimedia services are determined
by the service provider by taking into account the expenditures and market
price. The Government only determines the tariff formula for basic telephony
services. There is no stipulation for the tariff of other services.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; On September
27, 2010, the Company reduced the tariff for internet services by an average of
22% depending on the packages subscribe by the customers.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">h.&nbsp;&nbsp;&nbsp;&nbsp; Universal Service Obligation
(&#8220;USO&#8221;)</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The MoCI
issued Regulation No. 15/Per/M.KOMINFO/9/2005 dated September 30, 2005, which
sets forth the basic policies underlying the USO program and requires
telecommunications operators in Indonesia to contribute 0.75% of their gross
revenues (with due consideration for bad debts and interconnection charges) for
USO development. Based on the Government&#8217;s Decree No.&nbsp;7/2009 dated January
16, 2009, the contribution is changed to 1.25% of gross revenues, net of bad
debts and/or interconnection charges and/or connection charges.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Based MoCI
Decree No. 32/PER/M.KOMINFO/10/2008 dated October 10, 2008 which replaced MoCI
Decree No.&nbsp;11/PER/M.KOMINFO/04/2007 dated April 13, 2007 and MoCI Decree
No. 38/Per/M.KOMINFO/9/2007 dated September 20, 2007, it is stipulated that,
among others, in providing telecommunication access and services in rural areas
(USO&nbsp;Program), the provider is determined through a selection process by
Balai Telekomunikasi&nbsp;dan Informatika Pedesaan (&#8220;BTIP&#8221;) which was
established based on MoCI Decree No.&nbsp;35/Per/M.KOMINFO/11/2006 dated
November 30, 2006.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; On January 16,
2009 and January 23, 2009, Telkomsel was selected in a tender by the Government
through BTIP to provide telecommunication access and services in rural areas
(USO&nbsp;Program) for a total amount of Rp.1.66 trillion, covering all
Indonesian territories except Sulawesi, Maluku and Papua. Telkomsel will obtain
local fixed-line licenses and the right to use radio frequency in
2390&nbsp;MHz-2400 MHz. Subsequently, the agreements have been amended and
latest amendments dated June 2, 2010 was, among other things to change the price
to Rp.1.758 trillion.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">117</P></DIV>
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<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_120></A>
<a name="_bclPageBorder122"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">47.&nbsp; TELECOMMUNICATIONS SERVICES TARIFFS
</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
h.&nbsp;&nbsp;&nbsp;&nbsp; USO </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; In January
2010, the Ministry granted Telkomsel operating licenses to provide local
fixed-line services under the USO program (Note 1d.a). </FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; On March 12,
2010, the Company was selected in a tender by the Government through BTIP to
provide internet access service centers for USO sub-districts for a total amount
of Rp.322,355&nbsp;million, covering Nanggroe Aceh Darussalam, Sumatera Utara,
Sulawesi Utara, Gorontalo, Sulawesi Tengah, Sulawesi Barat, Sulawesi Selatan and
Sulawesi Tenggara. </FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; On December
23, 2010, the Company was selected in a tender by the Government through BTIP to
provide mobile internet access service centers for USO sub-districts for a total
amount of Rp.527,630&nbsp;million, covering Jambi, Riau, Kepulauan Riau,
Sulawesi Utara, Sulawesi Tengah, Gorontalo, Sulawesi Barat, Sulawesi Tenggara,
Kalimantan Tengah, Sulawesi Selatan, Papua, and Irian Jaya Barat.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">48.&nbsp; COMMITMENTS</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 5pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">a.&nbsp;&nbsp;&nbsp;&nbsp; Capital
expenditures</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 5pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; As of
September 30, 2011, capital expenditures committed under the contractual
arrangements, principally relating to procurement and installation of switching
equipment, transmission equipment and cable network, are as follows:</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 5pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 96%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 37.35pt" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="52%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Currencies</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="23%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Amounts
      in</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">foreign
      currencies</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(in
      millions)</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="23%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Equivalent</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">in
      Rupiah</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="52%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rupiah</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,428,522</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="52%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">U.S.
      Dollars</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">645</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,690,309</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="52%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Euro</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.23</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,719</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="52%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="23%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10,121,550</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: center">118</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_121></A>
<a name="_bclPageBorder123"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">48.&nbsp; COMMITMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">a.&nbsp;&nbsp;&nbsp;&nbsp; Capital expenditures
</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
above balance includes the following significant agreements:&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Company </FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 699pt; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 59.4pt; BORDER-TOP: medium none; BORDER-RIGHT: medium none" border=0 cellSpacing=0 cellPadding=0>

  <TR style="HEIGHT: 13.5pt">
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 13.5pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="14%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Contracting parties</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.5pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -1.75pt; MARGIN: 0in 0in 0pt 1.75pt" align=center><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Date of agreement</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.5pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="28%" colSpan=2>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Significant provisions of the
      agreement</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.5pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="21%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Total contract value</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.5pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="20%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Outstanding purchase commitment as of September 30,
      2011</FONT></B></P></TD></TR>
  <TR style="HEIGHT: 40.9pt">
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 40.9pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="14%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Company and
      G-Pas Consortium</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; HEIGHT: 40.9pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">April 18,
      2008</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; HEIGHT: 40.9pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Procurement
      and installation agreement for Outside Plant Fiber Optic 2008 Batch 8
      Divre VII</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; HEIGHT: 40.9pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="22%" colSpan=2>
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Rp.192,581
      million</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; HEIGHT: 40.9pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="20%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Rp.36,336
      million </FONT></P></TD></TR>
  <TR style="HEIGHT: 48.55pt">
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 48.55pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="14%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Company and
      PT Konsorsium Jembo-Karteksi-Tridayasa</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 48.55pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.75pt; MARGIN: 0in 0in 0pt 0.75pt" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">April 18, 2008</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 48.55pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Procurement
      and installation agreement for Outside Plant Fiber Optic 2008 Batch 9
      Netre Sumbagut Area </FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 48.55pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="22%" colSpan=2>
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Rp.241,491
      million</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 48.55pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="20%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Rp.2,565
      million </FONT></P></TD></TR>
  <TR style="HEIGHT: 32.8pt">
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="14%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Company and
      ISS Reshetnev </FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">March 2,
      2009</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Procurement
      agreement for Telkom-3 Satellite </FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="22%" colSpan=2>
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">US$178.9
      million</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="20%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">US$81.2
      million</FONT></P></TD></TR>
  <TR style="HEIGHT: 32.8pt">
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="14%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Company and
      APT Satellite Company Limited</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">March 23,
      2009</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">142E Degree
      Orbital Position Cooperation Agreement</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="22%" colSpan=2>
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">US$18.5
      million</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="20%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">US$13.3
      million</FONT></P></TD></TR>
  <TR style="HEIGHT: 46.75pt">
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 46.75pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="14%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Company and
      Sansaine Huawei Consortium</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; HEIGHT: 46.75pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">May 27,
      2009</FONT></P>
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P>
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">June 15,
      2009</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; HEIGHT: 46.75pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -11.8pt; MARGIN: 0in 0in 0pt 11.8pt"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">a.</FONT><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Cooperation
      agreement for procurement and installation of MSAN ALU and Secondary
      Access 2008 Batch 3</FONT></P>
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -11.8pt; MARGIN: 0in 0in 0pt 11.8pt"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">b.</FONT><FONT style="FONT-SIZE: 7pt" color=windowtext face="Times New Roman">&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Cooperation
      agreement for procurement and installation of MSAN ALU and Secondary
      Access 2008 Batch 1</FONT></P>
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; HEIGHT: 46.75pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="22%" colSpan=2>
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">US$17.5
      million and Rp.201,176 million</FONT></P>
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P>
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">US$24.6
      million and Rp.340,320 million</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; HEIGHT: 46.75pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="20%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">US$6.3
      million and Rp.98,669 million</FONT></P>
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P>
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">US$11.6
      million and Rp.223,295 million</FONT></P></TD></TR>
  <TR style="HEIGHT: 32.8pt">
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="14%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Company and
      ZTE Consortium</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">June 2,
      2009</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Cooperation
      agreement for procurement and installation of MSAN ALU and Secondary
      Access 2008 Batch 2</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="22%" colSpan=2>
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">US$39.6
      million nd Rp.277,732 million</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="20%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">US$18.7
      million and Rp.159,323 million</FONT></P></TD></TR>
  <TR height=0>
    <TD width="14%">&nbsp;</TD>
    <TD width="17%">&nbsp;</TD>
    <TD width="27%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="21%">&nbsp;</TD>
    <TD width="20%">&nbsp;</TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: center">119</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_122></A>
<a name="_bclPageBorder124"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">48.&nbsp; COMMITMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">a.&nbsp;&nbsp;&nbsp;&nbsp; Capital expenditures
</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Company
</FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 699pt; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 59.4pt; BORDER-TOP: medium none; BORDER-RIGHT: medium none" border=0 cellSpacing=0 cellPadding=0>

  <TR style="HEIGHT: 13.5pt">
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 13.5pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="14%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Contracting parties</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.5pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -1.75pt; MARGIN: 0in 0in 0pt 1.75pt" align=center><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Date of agreement</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.5pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="28%" colSpan=2>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Significant provisions of the
      agreement</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.5pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="21%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Total contract value</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.5pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="20%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Outstanding purchase commitment as of September 30,
      2011</FONT></B></P></TD></TR>
  <TR style="HEIGHT: 48.55pt">
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 48.55pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="14%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" lang=FI color=windowtext face="Times New Roman">Company and PT Dharma Kumala Utama</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; HEIGHT: 48.55pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">July 29,
      2009</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; HEIGHT: 48.55pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Procurement
      and installation agreement for Fiber Optic Cable Access &amp; RMJ 2009 in
      Central Java and East Java Batch 1</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; HEIGHT: 48.55pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="22%" colSpan=2>
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Rp.75,231
      million</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; HEIGHT: 48.55pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="20%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Rp.1,958
      million </FONT></P></TD></TR>
  <TR style="HEIGHT: 32.8pt">
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="14%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Company and
      Sansaine - Huawei Consortium</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">August 3,
      2009</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Procurement
      and installation agreement for Softswitch and modernization of MSAN Divre
      I, Divre II, Divre III and Divre IV</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="22%" colSpan=2>
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">US$32.9
      million and Rp.99,075 million</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="20%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">US$8.7
      million and Rp.68,901 million</FONT></P></TD></TR>
  <TR style="HEIGHT: 32.8pt">
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="14%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Company and
      Tekken - DMT Concortum</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">September
      15, 2009</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Procurement
      and installation agreement for Fiber Optic Cable Access Divre VI
      Kalimantan</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="22%" colSpan=2>
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Rp.106,619
      million</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="20%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Rp.33,448
      million </FONT></P></TD></TR>
  <TR style="HEIGHT: 32.8pt">
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="14%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Company and
      Huawei - Sansaine Consortium</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">November
      24, 2009</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Procurement
      and installation agreement for Palapa Ring Mataram-Kupang Cable System
      Project (MKCS)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="22%" colSpan=2>
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">US$55.0
      million and Rp.144,683 million</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="20%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">US$0.6
      million and Rp.17,013 million</FONT></P></TD></TR>
  <TR style="HEIGHT: 32.8pt">
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="14%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Company and
      NEC&nbsp;-&nbsp;NSN Consortim</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">December
      16, 2009</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Procurement
      and installation agreement for Capacity Expansion Ring Jasuka Backbone
      2009</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="22%" colSpan=2>
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">US$20.0
      million and Rp.361,009 million</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="20%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Rp.21,418
      million</FONT></P></TD></TR>
  <TR style="HEIGHT: 32.8pt">
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="14%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Company and
      ZTE</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">December
      21, 2009</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Procurement
      and installation agreement for Improvement and Upgrade Jawa Backbone
      2009</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="22%" colSpan=2>
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Rp.80,393
      million</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="20%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Rp.440
      million</FONT></P></TD></TR>
  <TR style="HEIGHT: 32.8pt">
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="14%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Company and
      ZTE Indonesia</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">March 5,
      2010</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Item price
      procurement and installation agreement for Insert Card
    IP-DSLAM</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="22%" colSpan=2>
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Rp.105,546
      million</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="20%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Rp.113
      million</FONT></P></TD></TR>
  <TR style="HEIGHT: 32.8pt">
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="14%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Company and
      Binainfo Lokatara Consortium</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">September
      30, 2010</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Procurement
      and installation agreement for BRAS System expansion 2010</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="22%" colSpan=2>
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Rp.85,008
      million</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="20%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Rp.38,017
      million</FONT></P></TD></TR>
  <TR style="HEIGHT: 32.8pt">
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="14%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Company and
      Huawei Tech Investment</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">September
      30, 2010</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Procurement
      and installation agreement for BRAS System expansion </FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="22%" colSpan=2>
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Rp.101,332
      million</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="20%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Rp.76,227
      million</FONT></P></TD></TR>
  <TR style="HEIGHT: 32.8pt">
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="14%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Company and
      PT ZTE Indonesia</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">October 6,
      2010</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Procurement
      and installation agreement for G-PON (Gigabit Capable Passive Optical
      Network) expansion</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="22%" colSpan=2>
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Rp.86,770
      million</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="20%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Rp.79,378
      million</FONT></P></TD></TR>
  <TR height=0>
    <TD width="14%">&nbsp;</TD>
    <TD width="17%">&nbsp;</TD>
    <TD width="27%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="21%">&nbsp;</TD>
    <TD width="20%">&nbsp;</TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">120</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_123></A>
<a name="_bclPageBorder125"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">48.&nbsp; COMMITMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">a.&nbsp;&nbsp;&nbsp;&nbsp; Capital expenditures
</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Company
</FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<DIV align=left>
<TABLE style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 699pt; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 59.4pt; BORDER-TOP: medium none; BORDER-RIGHT: medium none" border=0 cellSpacing=0 cellPadding=0>

  <TR style="HEIGHT: 13.5pt">
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 13.5pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="14%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Contracting parties</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.5pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -1.75pt; MARGIN: 0in 0in 0pt 1.75pt" align=center><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Date of agreement</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.5pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="28%" colSpan=2>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Significant provisions of the
      agreement</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.5pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="21%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Total contract value</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 13.5pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="20%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Outstanding purchase commitment as of September 30,
      2011</FONT></B></P></TD></TR>
  <TR style="HEIGHT: 48.55pt">
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 48.55pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="14%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Company and
      PT Industri Telekomunikasi Indonesia</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; HEIGHT: 48.55pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">December
      30, 2010</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; HEIGHT: 48.55pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Procurement
      and installation agreement for Copper Cable Access Network with TI/TO
      Pattern </FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; HEIGHT: 48.55pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="22%" colSpan=2>
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Rp.349,147
      million</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; HEIGHT: 48.55pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="20%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Rp.349,147
      million </FONT></P></TD></TR>
  <TR style="HEIGHT: 32.8pt">
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="14%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Company and
      PT Master System Infotama</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">May 3,
      2011</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Procurement
      and installation agreement for Tera Router Expansion and PE Gateway Cisco
      </FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="22%" colSpan=2>
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Rp.52,743
      million</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="20%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Rp.17,174
      million </FONT></P></TD></TR>
  <TR style="HEIGHT: 32.8pt">
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="14%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Company and
      PT Lintas Tehnologi Indonesia</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Juni 8,
      2011</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Procurement
      and installation agreement for DWDM Alcatel-Lucent (ALU) expansion
      </FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="22%" colSpan=2>
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Rp.94,396
      million</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="20%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Rp.94,396
      million </FONT></P></TD></TR>
  <TR style="HEIGHT: 32.8pt">
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="14%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Company and
      PT Datacomm Diangraha</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">June 30,
      2011</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="27%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Procurement
      and installation for Metro Ethernet ALU expansion</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="22%" colSpan=2>
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Rp.79,916
      million</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 32.8pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="20%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Rp.71,112
      million </FONT></P></TD></TR>
  <TR height=0>
    <TD width="14%">&nbsp;</TD>
    <TD width="17%">&nbsp;</TD>
    <TD width="27%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="21%">&nbsp;</TD>
    <TD width="20%">&nbsp;</TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(ii)&nbsp;&nbsp; &nbsp; Telkomsel</FONT></I></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 1in"><I><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">On
April 17, 2008, Telkomsel, PT Ericsson Indonesia, Ericsson AB, PT Nokia Siemens
Networks, Nokia Siemens Network Oy and Nokia Siemens Network GmbH &amp;
Co.&nbsp; KG signed Combined 2G and 3G CS Core Network Rollout Agreements
(&#8220;ROA&#8221;). These Agreements are valid until the later of:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 4pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.2in; MARGIN: 0in 0in 0pt 72.9pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">three
years after the effective date (April 17, 2008, except for certain POs issued in
August&nbsp;2007 which commenced on August 15, 2007), or</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.2in; MARGIN: 0in 0in 0pt 72.9pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">the
date on which the last PO under this agreement terminates or expires in respect
of any PO issued prior to the expiry of the three year period.</FONT></P>
<P style="TEXT-ALIGN: center">121</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_124></A>
<a name="_bclPageBorder126"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">48.&nbsp; COMMITMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">a.&nbsp;&nbsp;&nbsp;&nbsp; Capital expenditures
</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(ii)&nbsp;&nbsp; &nbsp; Telkomsel </FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">On
April 17, 2008, Telkomsel, PT Ericsson Indonesia and PT Nokia Siemens Networks
also entered into Technical Service Agreements (&#8220;TSA&#8221;) for technical support for
the Combined 2G and 3G&nbsp;CS Core Network. The agreements commence:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 76.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">in respect of the August 2007 Project only, on the date
that transition-out services have been completed in accordance with the 3G
Managed Operations Agreement;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 76.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">in all other respects, on the Effective Date;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 76.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 76.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">and
continues until the later of:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 76.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">the date which is three years after the Effective Date;
and</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 76.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">the date on which the last PO under this Agreement
terminates or expires in respect of any PO issued prior to the expiry of the 3
year period.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Pursuant to the expiry of ROA and TSA (&#8220;the agreements&#8221;),
based on letters from PT Nokia Siemens Networks and PT Ericsson Indonesia in May
and June 2011, those companies agreed to:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 76.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">extend the operation of the agreements until the earlier
of:</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 99pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=windowtext face=Symbol>-</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=windowtext face=Calibri,sans-serif>the date that Telkomsel and those companies enter into
ROA and TSA which supersede the existing agreements;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 99pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=windowtext face=Symbol>-</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=windowtext face=Calibri,sans-serif>the date that Telkomsel notifies those companies in
writing of the termination of the relevant existing ROA; and </FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 99pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=windowtext face=Symbol>-</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=windowtext face=Calibri,sans-serif>the date that is 90 days after the date that Telkomsel
notifies those companies in writing of the termination of the existing TSA.
</FONT></P>
<P style="MARGIN: 0in 0in 10pt 81pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=windowtext face=Calibri,sans-serif>&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 76.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">apply prices under new agreements to the extent that such
prices are lower than the prices paid or payable by Telkomsel (&#8220;Price
adjustment&#8221;) to:</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 99pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=windowtext face=Symbol>-</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=windowtext face=Calibri,sans-serif>any equivalent or substantially similar CS Core System
hardware, software and services; and technical support services purchased by
Telkomsel from PT Ericsson Indonesia on and from March 14, 2011 until the
effective date of new agreement; and</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 10pt 99pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=windowtext face=Symbol>-</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=windowtext face=Calibri,sans-serif>any equivalent or substantially similar CS Core System
hardware and software purchased by Telkomsel from PT Nokia Siemens Networks on
and from June 21, 2011 until December 31, 2011. The price adjustment is subject
to signed agreement between Telkomsel and PT Nokia Siemens Networks on such new
prices before December 31, 2011.</FONT></P>
<P style="TEXT-ALIGN: center">122</P></DIV>
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<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_125></A>
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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">48.&nbsp; COMMITMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">a.&nbsp;&nbsp;&nbsp;&nbsp; Capital expenditures
</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(ii)&nbsp;&nbsp;&nbsp;&nbsp; Telkomsel </FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 59.85pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">On
January 27, 2011, Telkomsel entered into Soft HLR Roll Out Agreement with PT
Nokia Siemens Networks and Nokia Siemens Networks Oy and Soft HLR Technical
Support Agreement with PT&nbsp;Nokia Siemens Networks.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 59.85pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
agreements commences on the effective date and continues until the later
of:</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -12.6pt; MARGIN: 0in 0in 0in 1in; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The date which is three years
after the effective date; and</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -12.6pt; MARGIN: 0in 0in 0in 1in; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The date on which the last PO
under this agreement terminates or expires in respect of any PO issued prior to
the expiry of the three years period,</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 59.85pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Telkomsel may extend the term of the agreement by a
period of not more than two years.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">In
March and June 2009, Telkomsel, PT Ericsson Indonesia, Ericsson AB, PT Nokia
Siemens Networks, Nokia Siemens Network Oy, Huawei International Pte. Ltd,
Huawei Tech Investment and PT ZTE Indonesia entered into 2G BSS and 3G UTRAN
Rollout Agreements for the provision of 2G GSM BSS and 3G UMTS Radio Access
Network.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">In
accordance with the agreements, the Vendors should provide equipment and related
services, including amongst other things:</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.2in; MARGIN: 0in 0in 0pt 72.9pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Participate in Joint Planning process</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.2in; MARGIN: 0in 0in 0pt 72.9pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Provide SITAC and CME works</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.2in; MARGIN: 0in 0in 0pt 72.9pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Provide software license </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Provision of the equipment and services should be aligned
with other agreements such as Combined 2G BSS and 3G Core Network Rollout and
Technical Support Agreements dated April 17, 2008.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 63pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 59.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">During the period of the agreements, the vendors
(excluding Huawei International Pte. Ltd, PT Huawei Tech Investment and PT ZTE
Indonesia) agreed to provide vouchers, free of charge equipment and other
commercial incentives to Telkomsel. Part of the vouchers totaling US$107.05
million (equivalent to Rp.1,172 billion); were provided by the vendors as an
adjustment to prices stated in PO issued since July 1, 2007.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 59.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
agreements are valid until the later of:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.2in; MARGIN: 0in 0in 0pt 72.9pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Three
years after the effective date; and</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.2in; MARGIN: 0in 0in 0pt 72.9pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
date on which the last PO under these agreements terminates or expires in
respect of any purchase order issued prior to the expiry of three year
period.</FONT></P>
<P style="TEXT-ALIGN: center">123</P></DIV>
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<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_126></A>
<a name="_bclPageBorder128"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">48.&nbsp; COMMITMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">a.&nbsp;&nbsp;&nbsp;&nbsp; Capital expenditures
</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(ii)&nbsp;&nbsp;&nbsp;&nbsp; Telkomsel </FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 59.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 59.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Telkomsel may extend terms of the agreements for a period
up to 12 months.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 59.4pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">On
February 3, 2010, Telkomsel entered into the following agreements for
maintenance and procurement of equipment and related services: </FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -12.6pt; MARGIN: 0in 0in 0in 1in; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Next Generation Convergence
IP RAN Rollout and Technical Support with PT Packet Systems Indonesia and PT
Huawei Tech Investment; and</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -12.6pt; MARGIN: 0in 0in 0in 1in; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Next Generation Convergence
Core Transport Rollout and Technical Support with PT&nbsp;Datacraft Indonesia
and PT Huawei Tech Investment.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 59.4pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 59.4pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
agreements commence on the effective date and continue until the later
of:</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -12.6pt; MARGIN: 0in 0in 0in 1in; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The date which is three years
after the effective date; and</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -12.6pt; MARGIN: 0in 0in 0in 1in; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The date on which the last PO
under the agreements terminate or expire in respect of any PO issued prior to
the expiry of the three year period.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 59.4pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 5pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 59.4pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Telkomsel may
extend the term of the agreements by a period of not more than two
years.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 59.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 59.85pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">On
February 8, 2010, Telkomsel entered into an Online Charging System (&#8220;OCS&#8221;) and
Service Control Points (&#8220;SCP&#8221;) System Solution Development Agreement with Amdocs
Software Solutions Limited Liability Company and PT Application Solutions. The
latest amendment was made on September 30, 2010. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">On
February 8, 2010, Telkomsel also entered into a Technical Support Agreement with
PT Application Solutions to provide technical support services for the OCS and
SCP.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 59.85pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 59.85pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
agreements commences on the effective date and continues until the later
of:</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -12.6pt; MARGIN: 0in 0in 0in 1in; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The date which is five years
after the effective date; and</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -12.6pt; MARGIN: 0in 0in 0in 1in; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The date on which the last PO
under this agreement terminates or expires in respect of any PO issued prior to
the expiry of the five year period.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.75in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 59.85pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Telkomsel may extend the term of the agreement by a
period of not more than three years.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 59.85pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 59.85pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">On July
5, 2011, Telkomsel entered into an agreement with Amdocs Software Solutions
Limited</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> Liability Company and PT Application Solutions for
development and rollout of the Customer Relationship Management (&#8220;CRM&#8221;) and
Contact Center (&#8220;CC&#8221;) Solutions.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 59.85pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
agreement commences of the effective date and continues until the later of
:</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -12.6pt; MARGIN: 0in 0in 0in 1in; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">the date which is five years
after the effective date; and</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -12.6pt; MARGIN: 0in 0in 0in 1in; punctuation-wrap: hanging"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Symbol>&#183;</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">the date on which the last
purchase order (&#8220;PO&#8221;) under this agreement terminates or expires in respect on
any PO issued :</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 81pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Calibri,sans-serif>-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">prior
to the expiry date of the five year period</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 81pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Calibri,sans-serif>-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">prior
to the expiry of any extension of the term.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 59.85pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Telkomsel may extend the term of the agreement by a
period of not more than three years.</FONT></P>
<P style="TEXT-ALIGN: center">124</P></DIV>
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<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_127></A>
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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">48.&nbsp; COMMITMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">a.&nbsp;&nbsp;&nbsp;&nbsp; Capital expenditures
</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(ii)&nbsp;&nbsp;&nbsp;&nbsp; Telkomsel </FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 59.85pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 59.85pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
above commitments include commitment of US$132.8 million for procurement of
equipment from Nokia Siemens Network Oy and PT&nbsp;Huawei Tech Investment. The
commitment is part of total procurement price of US$248.9 million which will be
settled by sale of Telkomsel&#8217;s equipment to those companies with a total price
of US$191.3 million, US$117.6 million of which is presented as assets held for
sale (Note 9).</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 59.85pt; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">b.&nbsp;&nbsp;&nbsp;&nbsp; Borrowings and other credit
facilities </FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -23.4pt; MARGIN: 0in 0in 0pt 59.4pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; As of September 30,
2011, the Company has bank guarantee facility for tender bond, performance bond,
maintenance bond, deposit guarantee and advance payment bond for various project
of the Company, as follow:</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 27pt; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 5pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
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    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="36%" colSpan=3>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Facility
      utilized</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 6pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="8%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 33pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">End of the
      period</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Original
      currency</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rupiah</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 19pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="8%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Lenders</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 29pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">facility</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">of the
      facility</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Currency</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(in
      millions)</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">equivalent</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="8%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">BNI</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">120,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 15pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -15pt; MARGIN: 0in 0in 0pt 15pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Mach 31, 2012</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">101,696</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="8%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Bank
      Mandiri</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">60,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 14pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -15pt; MARGIN: 0in 0in 0pt 14pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December 23,</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">45,738</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="8%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">BRI</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">100,000</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 16pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -15pt; MARGIN: 0in 0in 0pt 16pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">April 26, 2012</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,921</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="8%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">280,000</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="18%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">156,079</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -23.4pt; MARGIN: 0in 0in 0pt 59.4pt"><FONT style="FONT-SIZE: 5pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -23.4pt; MARGIN: 0in 0in 0pt 59.4pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;(ii)&nbsp;&nbsp;&nbsp; Telkomsel has a US$3 million
bond and bank guarantee, standby letter of credit facility and foreign exchange
facility with SCB, Jakarta. The facilities expire on July 31, 2011. Under these
facilities, as of September 30 2011, Telkomsel has issued a bank guarantee of
Rp.20&nbsp;million (equivalent to US$2.3 million) for a 3G&nbsp;performance bond
(Note 48c.i). The bank guarantee </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-GB color=black face="Times New Roman">is valid</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-GB color=windowtext face="Times New Roman"> </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">until
March 24, 2012.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.5in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">c.&nbsp;&nbsp;&nbsp;&nbsp; Others</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 49.5pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(i)</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">3G license</FONT></U></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 81pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">With
reference to the Decision Letter No. 07/Per/M.KOMINFO/2/2006 and
No.&nbsp;268/KEP/M.KOMINFO/9/2009 of the MoCI (Notes 1d.a and 2j), Telkomsel
amongst other commitments, is required to:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">1.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Pay annual BHP fee which is determined based on a certain
formula over the license term (10&nbsp;years). The BHP for the sixth year of the
former license was paid in March 2011 and the BHP for the third year of the
additional license was paid in September 2011 (Note 13iii). The&nbsp;commitments
arising from the BHP as of September 30, 2011 and up to the expiry period of the
license using the formula set forth in the Decision Letter are as
follows:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">125</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_128></A>
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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">48.&nbsp; COMMITMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">c.&nbsp;&nbsp;&nbsp;&nbsp; Others </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 73.35pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(i)&nbsp;&nbsp;&nbsp; </FONT><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">3G
license</FONT></U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> (continued)</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 1.25in; punctuation-wrap: simple"><I><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -18.2pt; MARGIN: 0in 0in 0pt 72.1pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">1.&nbsp;&nbsp;&nbsp;&nbsp; (continued)</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 92.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 71.1pt" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="6%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="47%" colSpan=3>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Radio Frequency Usage Tariff</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in; punctuation-wrap: simple" align=center><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD></TR>
  <TR>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="6%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Year</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><SUP><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">BI rates (%)</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><SUP><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Index (multiplier)</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><SUP><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Former License</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Additional License</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.05pt; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">20% x HL</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.05pt; MARGIN: 0in; punctuation-wrap: simple" align=center><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="24%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.05pt; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">100% x HL</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">R1</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">I1= (1 + R1)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.05pt; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">40% x I1 x HL</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.05pt; MARGIN: 0in; punctuation-wrap: simple" align=center><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="24%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.05pt; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">100% x I1 x HL</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 13.5pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">R2</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">I2= I1(1 + R2)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.05pt; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">60% x I2 x HL</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.05pt; MARGIN: 0in; punctuation-wrap: simple" align=center><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="24%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.05pt; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">100% x I2 x HL</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">R3</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">I3= I2(1 + R3)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.05pt; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">100% x I3 x HL</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.05pt; MARGIN: 0in; punctuation-wrap: simple" align=center><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="24%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.05pt; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">100% x I3 x HL</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">R4</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">I4= I3(1 + R4)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.05pt; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">130% x I4 x HL</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.05pt; MARGIN: 0in; punctuation-wrap: simple" align=center><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="24%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.05pt; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">100% x I4 x HL</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">R5</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">I5= I4(1 + R5)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.05pt; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">130% x I5 x HL</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.05pt; MARGIN: 0in; punctuation-wrap: simple" align=center><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="24%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.05pt; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">100% x I5 x HL</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">7</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">R6</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">I6= I5(1 + R6)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.05pt; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">130% x I6 x HL</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.05pt; MARGIN: 0in; punctuation-wrap: simple" align=center><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="24%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.05pt; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">100% x I6 x HL</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">R7</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">I7= I6(1 + R7)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.05pt; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">130% x I7 x HL</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.05pt; MARGIN: 0in; punctuation-wrap: simple" align=center><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="24%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.05pt; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">100% x I7 x HL</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="6%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">R8</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">I8= I7(1 + R8)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.05pt; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">130% x I8 x HL</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.05pt; MARGIN: 0in; punctuation-wrap: simple" align=center><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="24%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.05pt; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">100% x I8 x HL</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="6%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">R9</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">I9= I8(1 + R9)</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="22%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.05pt; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">130% x I9 x HL</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.05pt; MARGIN: 0in; punctuation-wrap: simple" align=center><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="24%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.05pt; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">100% x I9 x HL</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in; punctuation-wrap: simple" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 1.25in; punctuation-wrap: simple"><I><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></I></P>
<DIV align=left>
<TABLE style="WIDTH: 92.38%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 71.1pt" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><I><U><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Notes
      :</FONT></U></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="81%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><I><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Ri</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="81%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">= average
      BI rate from previous year</FONT></I></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Auction
      Price (&#8220;Harga Lelang&#8221; or HL)</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="81%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">=
      Rp.160,000 million</FONT></I></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Index</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="81%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">=
      adjustment to the bidding price for the respective
  year</FONT></I></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 73.35pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 73.35pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
BHP is payable upon receipt of the notification letter (&#8220;Surat Pemberitahuan
Pembayaran&#8221;) from the DGPT.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">2.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Provide roaming access for the existing 3G
operators.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">3.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Contribute to USO development.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">4.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Construct a 3G network which covers a minimum number of
provinces, as follows:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 92.28%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 1in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="3%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Year</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="96%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Minimum
      number of provinces</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="3%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="96%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="3%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="96%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="3%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="96%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="3%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="96%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="3%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="96%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">12</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="3%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="96%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">14</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">5.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Issue a performance bond each year amounting to Rp.20,000
million or 5% of the annual fee to be paid for the subsequent year, whichever is
higher. This performance bond shall be redeemed by the Government if Telkomsel
is not able to meet the requirements set out in the above mentioned Decision
Letter or upon cancellation/termination of the license, or if Telkomsel decides
to return the license voluntarily.</FONT></P>
<P style="TEXT-ALIGN: center">126</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_129></A>
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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">48.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
COMMITMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">c.&nbsp;&nbsp;&nbsp;&nbsp; Others </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(ii)&nbsp;&nbsp; </FONT><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Palapa Ring
Consortium</FONT></U></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">On
November 10, 2007, the Company entered into a C&amp;MA with 5 other companies
for Palapa Ring Consortium. This consortium was formed to build optical fiber
network in 32&nbsp;cities in Eastern Indonesia with total initial investment of
Rp.2,070,336 million. The Company will obtain 4 lambdas bandwidth of total
capacity of 8.44&nbsp;lambdas from this consortium (Note 14). In 2008, 2
companies draw back from the consortium, hence the total number of Palapa Ring
Consortium&#8217;s member become 4 companies including the Company.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;(iii) </FONT><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Radio Frequency Usage
</FONT></U></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Based
on the Decree No. 76 dated December 15, 2010 of Government of the Republic of
Indonesia, which amended Decree No. 7 dated January 16, 2009, the annual
frequency usage fees with a bandwidth of 800 MHz, 900 MHz and 1800 MHz are
determined using the following formula:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><B><FONT style="FONT-SIZE: 10pt" lang=PT-BR color=windowtext face="Times New Roman">N x K
x I x C X B</FONT></B></P>
<DIV align=left>
<TABLE style="WIDTH: 94.12%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 54.9pt" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="3%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><I><U><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Notes
      :</FONT></U></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="97%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><I><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="3%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">N</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="97%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 2pt" align=left><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">=
      </FONT><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">normalizing factor using consumer price index,
      subject to change depending on the</FONT></I></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="3%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">K</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="97%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 2pt" align=left><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">=</FONT><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"> Government&#8217;s non-tax revenue
      target</FONT></I></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="3%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><I><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">I</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="97%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 2pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">=
      </FONT><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">adjusting factor based on economic value of the
      frequency bandwidth</FONT></I></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="3%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><I><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">C</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="97%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 2pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">=
      </FONT><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">reserved price population of the citizens (in
      thousands)</FONT></I></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="3%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><I><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">B</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="97%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">=
      </FONT><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">bandwidth&nbsp;</FONT></I></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
fee within 5 years is determined by the following formula: </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 94.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=ES color=windowtext face="Times New Roman">Year</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="89%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=ES color=windowtext face="Times New Roman">Formula</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 78pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=ES color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=ES color=windowtext face="Times New Roman">1</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 22pt" align=left><FONT style="FONT-SIZE: 10pt" lang=ES color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="89%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 1pt" align=left><FONT style="FONT-SIZE: 10pt" lang=ES color=windowtext face="Times New Roman">Y<SUB>1</SUB>= X + {(20% x &#8710;) &#8211; Z}</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1pt" align=left><FONT style="FONT-SIZE: 10pt" lang=ES color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=ES color=windowtext face="Times New Roman">2</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 22pt" align=left><FONT style="FONT-SIZE: 10pt" lang=ES color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="89%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 1pt" align=left><FONT style="FONT-SIZE: 10pt" lang=ES color=windowtext face="Times New Roman">Y<SUB>2</SUB>= X + (40% x &#8710;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1pt" align=left><FONT style="FONT-SIZE: 10pt" lang=ES color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=ES color=windowtext face="Times New Roman">3</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 22pt" align=left><FONT style="FONT-SIZE: 10pt" lang=ES color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="89%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 1pt" align=left><FONT style="FONT-SIZE: 10pt" lang=ES color=windowtext face="Times New Roman">Y<SUB>3</SUB>= X + (60% x &#8710;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1pt" align=left><FONT style="FONT-SIZE: 10pt" lang=ES color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=ES color=windowtext face="Times New Roman">4</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 22pt" align=left><FONT style="FONT-SIZE: 10pt" lang=ES color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="89%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 1pt" align=left><FONT style="FONT-SIZE: 10pt" lang=ES color=windowtext face="Times New Roman">Y<SUB>4</SUB>= X + (80% x &#8710;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1pt" align=left><FONT style="FONT-SIZE: 10pt" lang=ES color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=ES color=windowtext face="Times New Roman">5</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 22pt" align=left><FONT style="FONT-SIZE: 10pt" lang=ES color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="89%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 1pt" align=left><FONT style="FONT-SIZE: 10pt" lang=ES color=windowtext face="Times New Roman">Y<SUB>5</SUB>= X + (100% x &#8710;)</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1pt" align=left><FONT style="FONT-SIZE: 10pt" lang=ES color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=ES color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 94.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="3%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><I><U><FONT style="FONT-SIZE: 10pt" lang=ES color=windowtext face="Times New Roman">Notes :</FONT></U></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><I><FONT style="FONT-SIZE: 5pt" lang=ES color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="96%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><I><FONT style="FONT-SIZE: 5pt" lang=ES color=windowtext face="Times New Roman">&nbsp;</FONT></I></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="3%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Yn</FONT></I></P>
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">X</FONT></I></P>
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&#8710;</FONT></I></P>
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Z</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">=</FONT></I></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">=</FONT></I></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">=</FONT></I></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">=</FONT></I></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="96%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 2pt" align=left><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">frequency
      usage fee for each year</FONT></I></P>
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 2pt" align=left><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">frequency
      usage fee for the period January 1, 2009 up to December 31,
      2009</FONT></I></P>
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 2pt" align=left><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(N x K x I
      x C x B) - X</FONT></I></P>
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 2pt" align=left><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">remaining
      annual frequency fee based on previous regulation as of December 15,
      2010</FONT></I></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">127</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_130></A>
<a name="_bclPageBorder132"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">48.&nbsp; COMMITMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">c.&nbsp;&nbsp;&nbsp;&nbsp; Others </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;(iii) </FONT><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Radio Frequency Usage
</FONT></U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">As an
implementation of the above decree, on December 15, 2010, in a Decision letter
No.&nbsp;456A/KEP/M.KOMINFO/12/2010, the MoCI determined that the first year
(Y<SUB>1</SUB>) annual frequency usage fee of Telkomsel with licenses in 900 MHz
band and 1800 MHz band is Rp.716 billion.&nbsp; The fee was paid on December 30,
2010. Based on&nbsp;the same Decision Letter above and a Decision letter
No.&nbsp;5039/T/DJPT.4/KOMINFO/12/2010 dated December 16, 2010, the MoCI
determined that the first year (Y<SUB>1</SUB>) annual frequency usage fee of the
Company with licenses in 800 MHz band is Rp.51.7&nbsp;billion.&nbsp; The fee was
paid on December 27, 2010.&nbsp; </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Based
on&nbsp; Decision Letter No.&nbsp;349/KEP/M.KOMINFO/08/2011 and
No.&nbsp;350/KEP/M.KOMINFO/08/2011&nbsp; dated August 8, 2011, the MoCI
determined that the second year (Y<SUB>2</SUB>) annual frequency usage fee of
the Company and Telkomsel is Rp.141.9 billion and Rp.1,834 billion,
respectively.&nbsp; The fees become payables on December 15, 2011.&nbsp;
</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Prior
to issuance of the above decree, in accordance with the prevailing laws and
telecommunications regulations, the operators are obliged to register their
radio stations with the DGPT to obtain frequency usage license, except those
stations that use 2.1 GHz frequency bandwidth (Note 48c.i). The frequency usage
fees are payable upon receipt of notification letter (&#8220;Surat Pemberitahuan
Pembayaran&#8221;) from DGPT. The fee is determined based on the number of registered
carrier (&#8220;TX&#8221;) for the Company and transceivers (&#8220;TRX&#8221;) for Telkomsel of the
radio stations with a fee ranging from Rp.0.07&nbsp;million to Rp.17.55 million
for each TX and Rp.3.4&nbsp;million to Rp.15.9 million for each TRX (Note
8).</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(iv)&nbsp; </FONT><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Apple, Inc</FONT></U></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">On
January 9, 2009, Telkomsel entered into an agreement with Apple, Inc for the
purchase of iPhone products, marketing it to customers using a third party (PT
Trikomsel OKE) and providing cellular network services. Cumulative minimum
iPhone units that shall be purchased as of December 31, 2009, 2010 and 2011 are
125,000, 300,000 and 500,000 units for each year.</FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(v)&nbsp;&nbsp; </FONT><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Operating
leases</FONT></U></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<DIV align=left>
<TABLE style="WIDTH: 94.12%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 54.9pt" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="80%" colSpan=7>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Minimum
      lease payment</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 53pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="19%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="19%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Less than
      1 year</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="19%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1-5
      years</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="20%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">More than
      5 years</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.9pt; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Operating leases</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">281,512</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">80,183</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="19%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">143,686</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="20%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">57,643</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Operating leases represent non-cancelable office lease
agreements of certain subsidiaries. </FONT></P>
<P style="TEXT-ALIGN: center">128</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_131></A>
<a name="_bclPageBorder133"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">49.&nbsp; CONTINGENCIES </FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">a.&nbsp;&nbsp;&nbsp;&nbsp; In the ordinary course of
business, the Company and its subsidiaries have been named as defendants in
various legal actions in relation with land disputes, monopolistic practice and
unfair business competition and SMS cartel practices. Based on management's
estimate of the probable outcomes of these matters, the Company and its
subsidiaries have accrued Rp.49,285&nbsp;million as of September 30,&nbsp;2011.
</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">b.&nbsp;&nbsp;&nbsp;&nbsp; On January 2, 2006, the Office
of the Attorney General launched an investigation into allegations of misuse of
telecommunication facilities in connection with the provision of VoIP services,
whereby one of the Company&#8217;s former employees and two of the Company&#8217;s employees
in KSO VII were named suspects. As a result of the investigations, one of
Company&#8217;s former employees and two of the Company&#8217;s employees were indicted in
the Makassar District Court for their alleged corruption in KSO VII. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">On&nbsp;January 29, 2008, the Makassar District Court
found the defendant not guilty. The Attorney has&nbsp;filed an appeal to
Indonesian SC objecting the District Court ruling. On May 4, 2010, the Company
received SC&#8217;s decision that found the defendant guilty and sentenced the
defendant to a six-year prison term, Rp.500 million penalty, and indemnity
amounting Rp.30,115 million by jointly liability. The defendants filed a
judicial review to SC for the decision. As of the issuance date of the
consolidated financial statements, no decision has been reached on the judicial
review.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">c.&nbsp;&nbsp;&nbsp;&nbsp; The Company, Telkomsel and
seven other local operators are being investigated by The Commission for the
Supervision of Business Competition</FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> </FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(&#8220;Komisi Pengawasan Persaingan Usaha&#8221; or &#8220;KPPU&#8221;) for
allegations of SMS cartel practices. As a result of the investigations on June
17, 2008, KPPU found that the Company, Telkomsel and certain other local
operators had proven to violate Law No. 5/1999 article 5 and gave the Company
and Telkomsel Rp.18,000 million penalty and Rp.25,000 million penalty,
respectively. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Management believes that there are no such cartel
practices that led to a breach of prevailing regulations. Accordingly, the
Company and Telkomsel have filed an objection with the Bandung District Court
and South Jakarta District Court, respectively, on July 14, 2008 and July 11,
2008, respectively. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Due
to that the operators filed the case in various courts, subsequently, KPPU
requested SC to consolidate the case into Central Jakarta District Court. Based
on SC&#8217;s decision letter dated April&nbsp;12, 2011, SC </FONT><FONT style="BACKGROUND: white; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">appointed </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Central Jakarta District Court
</FONT><FONT style="BACKGROUND: white; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">to investigate and resolve the
case.</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp; &nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">As of
the issuance date of the consolidated financial statements, no decision has been
reached on the appeal.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">d.&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">On
January 6, 2011, Telkomsel was notified by the Industrial Relations Court of
Central Jakarta District Court that the Telkomsel's labor union ("SEPAKAT") has
filed a claim against Telkomsel through the Industrial Relations Court of
Central Jakarta District Court concerning certain disputes with Telkomsel on the
execution of Collective Labor Agreement (&#8220;CLA&#8221;). On July 4, 2011, the Industrial
Relations Court of Central Jakarta District Court pronounced its verdict which
requires SEPAKAT and Telkomsel to resolve the disputes through a
negotiation.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 9pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">As of
the issuance date of the consolidated financial statements, the negotiation is
still in process.</FONT></P>
<P style="TEXT-ALIGN: center">129</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_132></A>
<a name="_bclPageBorder134"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">49.&nbsp; CONTINGENCIES </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">For
the matters and cases stated above, the Company and its subsidiaries do not
believe that any subsequent investigation or court decision will have
significant financial impact to the Company and its subsidiaries.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">50.&nbsp; ASSETS AND LIABILITIES DENOMINATED IN FOREIGN
CURRENCIES</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
balances of monetary assets and liabilities denominated in foreign currencies
are as follows:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 97.98%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 18.9pt" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><SUP><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="35%" colSpan=3>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December
      31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="33%" colSpan=3>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><SUP><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Foreign</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Currencies</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(in
      millions)</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rupiah
      equivalent</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Foreign</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Currencies</FONT></B></P>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(in
      millions)</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rupiah
      equivalent</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 17pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Assets</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 10pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 10pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Cash and cash
      equivalents</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 17.1pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">U.S.
      Dollars</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">138.07</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,242,392</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">194.99</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,715,221</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 17.1pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Euro</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">12.54</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">150,121</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8.95</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">106,823</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 17.1pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Singapore
      Dollars</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2.82</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">19,799</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4.39</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">29,802</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 17.1pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Hongkong
      Dollars</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2.00</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,317</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2.69</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,033</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 17.1pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Japanese
      Yen</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.39</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">43</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1.15</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">131</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 17.1pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Malaysian
      Ringgit</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.03</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">100</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.03</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">94</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Temporary
      investments </FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 17.1pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">U.S.
      Dollars</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8.84</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">79,566</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8.42</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">73,946</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Trade
      receivables</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 17.1pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Related
      parties </FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 35.1pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">U.S.
      Dollars</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3.16</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">28,434</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5.55</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">48,703</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 17.1pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Third
      parties </FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 35.1pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">U.S.
      Dollars</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">79.19</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">712,758</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">87.28</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">767,342</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 35.1pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Euro</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.12</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,408</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.15</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,835</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Other
      receivables </FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 17.1pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">U.S.
      Dollars</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.48</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,331</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2.93</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">25,048</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 17.1pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Great
      Britain Pound sterling</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.01</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">121</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.02</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">259</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 17.1pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Euro</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.00</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">43</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.01</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">113</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 17.1pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Singapore
      Dollars</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.01</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">67</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Other
      current assets</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 17.1pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">U.S.
      Dollars</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.03</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">264</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Advances
      and other non-current assets</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 17.1pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">U.S.
      Dollars</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2.73</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">24,577</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10.22</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">89,864</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 17.1pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Hongkong
      Dollars</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.27</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">311</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Escrow
      accounts</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 17.1pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">U.S.
      Dollars</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4.61</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">41,552</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4.62</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">40,604</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" width="30%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total
      assets</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,307,873</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,903,149</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: center">130</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_133></A>
<a name="_bclPageBorder135"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">50.&nbsp; ASSETS AND LIABILITIES DENOMINATED IN FOREIGN
CURRENCIES</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> (continued)</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0in 27.35pt; punctuation-wrap: simple"><SUP><FONT style="LINE-HEIGHT: 70%; FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P>
<DIV align=left>
<TABLE style="WIDTH: 97.92%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 19.35pt" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="34%" colSpan=3>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December 31, 2010</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%" colSpan=3>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September 30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Foreign</FONT></B></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Currencies</FONT></B></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(in millions)</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="17%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rupiah equivalent</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Foreign</FONT></B></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Currencies</FONT></B></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(in millions)</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="16%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rupiah</FONT></B></P>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">equivalent</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Liabilities</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><SUP><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><SUP><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 10pt; punctuation-wrap: simple" align=left><SUP><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 10pt; punctuation-wrap: simple" align=left><SUP><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><SUP><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><SUP><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><SUP><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 9pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Trade payables</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><SUP><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 17.1pt; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Related parties </FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 35.1pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">U.S. Dollars</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5.73</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">51,559</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.53</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,669</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 17.1pt; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Third parties</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 35.1pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">U.S. Dollars</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">341.80</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,074,585</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">405.81</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,578,923</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 35.1pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Euro</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.18</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,128</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1.36</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">16,315</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 35.1pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Malaysian Ringgit</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.56</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,624</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.56</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,543</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 35.1pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Singapore Dollars</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.24</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,645</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.09</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">591</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 35.1pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Australian Dollars</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.05</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">453</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.02</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">149</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 35.1pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Great Britain Pound sterling</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.04</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">613</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.01</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">83</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 35.1pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Japanese Yen</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.73</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">81</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.51</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">58</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 35.1pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Hongkong Dollars</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.01</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">17</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 35.1pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Swiss Franc</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.00</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">15</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Other payables </FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 17.1pt; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">U.S. Dollars</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.07</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">588</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.10</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">890</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Accrued expenses</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 17.1pt; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">U.S. Dollars</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">39.72</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">357,343</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">45.75</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">403,506</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 17.1pt; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Euro</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.85</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10,136</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6.42</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">76,703</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 17.1pt; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Singapore Dollars</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1.38</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9,657</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2.66</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">18,097</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 17.1pt; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Japanese Yen</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">38.35</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4,250</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">117.98</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">13,513</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 17.1pt; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Australian Dollars</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.00</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">40</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Advances from customers and suppliers</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><SUP><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><SUP><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 17.1pt; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">U.S. Dollars</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.90</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,114</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1.52</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">13,364</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 17.1pt; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Euro</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.17</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,019</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Current maturities of long-term
      liabilities</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><SUP><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><SUP><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 17.1pt; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">U.S. Dollars</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">78.11</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">703,474</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">60.07</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">529,220</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 17.1pt; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Japanese Yen</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">767.90</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">85,099</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">767.90</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">87,955</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Notes</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 17.1pt; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">U.S. Dollars</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">30.54</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">275,348</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">65.37</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">575,278</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Long-term liabilities</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 17.1pt; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">U.S. Dollars</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">240.76</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,168,061</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">244.29</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,152,670</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 17.1pt; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Japanese Yen</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9,982.67</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,106,279</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9,598.72</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,099,437</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total liabilities</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">7,861,069</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,575,023</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="30%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Net liabilities</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(5,553,196</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="16%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(5,671,874</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0in 27.35pt; punctuation-wrap: simple"><SUP><FONT style="LINE-HEIGHT: 70%; FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></SUP></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 3pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">As of
December 31, 2010, the net monetary liabilities position denominated in foreign
currencies of the Company and its subsidiaries is US$500.55 million and
JPY10,789.26 million. As of September 30, 2011, the net monetary liabilities
position denominated in foreign currencies of the Company and its subsidiaries
is US$509.40 million and JPY10,483.96 million.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The
Company and its subsidiaries&#8217; activities expose them to a variety of financial
risks, including the effects of changes in debt and equity market prices,
foreign currency exchange rates and interest rates.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">131</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_134></A>
<a name="_bclPageBorder136"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">50.&nbsp; ASSETS AND LIABILITIES DENOMINATED IN FOREIGN
CURRENCIES</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> (continued)</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">If
the Company and its subsidiaries report monetary assets and liabilities in
foreign currencies as of September 30, 2011 using the rates on October 27, 2011,
the unrealized foreign exchange loss will increase by the amount of Rp.60,336
million.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">51.&nbsp; FINANCIAL ASSETS AND LIABILITIES
</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">1.&nbsp;&nbsp;&nbsp;&nbsp; Financial risk
management</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">The Company
and its subsidiaries&#8217; activities expose it to a variety of financial risks such
as market risks (including foreign exchange risk and interest rate risk), credit
risk and liquidity risk. Overall, the Company and subsidiaries&#8217; financial risk
management programme is intended for minimizing lossess on the financial assets
and liabilities arising from fluctuation of foreign currency exchange rate and
the fluctuation of interest rate. Management provides written policy for foreign
currency risk management mainly through time deposits placements and hedging to
cover foreign currency risk exposures for the time range of 3 up to 12
months.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Financial
risk management is carried out by the Treasury Management unit under policies
approved by the Board of Directors. The Treasury Management unit identifies,
evaluates and hedges financial risks.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.75in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">a.&nbsp;&nbsp;&nbsp;&nbsp; Foreign exchange
risk</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.75in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">The Company
and its subsidiaries have significant receivables, payables and liabilities
balance denominated in foreign currencies which include the United States
Dollar, Japanese Yen, Euro, Singapore Dollar and Great Britain Pound sterling.
Increasing risks of foreign currency exchange rates on the obligations of the
Company and its subsidiaries are expected to be offset by time deposits and
receivables in foreign currencies are set at least 25% of the liabilities and
will mature in less than 1 (one) year with respect to the tendency of changes
exchange rates in the future.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.75in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">b.&nbsp;&nbsp;&nbsp;&nbsp; Interest rate risk</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 8pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.75in; BACKGROUND: white; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Interest
rate fluctuation is monitored to minimize any negative impact to financial
position. Borrowings at variable interest rates expose the Company and its
subsidiaries to interest rate risk (Notes 18,20,21 and 22). To measure market
risk fluctuations in interest rates, the Company </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">and
its subsidiaries </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">primarily use interest margin and maturity profile of the
financial assets and liabilities based on changing schedule of the interest
rate.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.75in; BACKGROUND: white; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.75in; BACKGROUND: white; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">The
following table represents a breakdown of the Company and subsidiaries&#8217;
financial assets and liabilities which are impacted by interest
rates.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center">132</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_135></A>
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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">51.&nbsp; FINANCIAL ASSETS AND LIABILITIES
</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">1.&nbsp;&nbsp;&nbsp;&nbsp; Financial risk management
(continued)</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 7pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.75in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">b.&nbsp;&nbsp;&nbsp;&nbsp; Interest rate risk
(continued)</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.75in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 94.3%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 53.1pt" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="65%" colSpan=7>
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">September 30, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 53pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">One year or less</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">More than one year</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Non Interest bearing</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Assets</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Cash and cash equivalents</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9,340,186</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">24,735</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9,364,921</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Temporary investments</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">267,865</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">92,925</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">360,790</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Other current assets</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,014,280</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,014,280</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Other non-current assets</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">164,620</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">55,466</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">220,086</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total financial assets</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 40pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 40pt; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10,622,331</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 2pt; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">164,620</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">173,126</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 3pt; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 3pt; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10,960,077</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Liabilities</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Short-term bank loans</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 40pt; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 40pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">127,143</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 2pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 3pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 3pt; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">127,143</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Two-step loans</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">746,326</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,083,892</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,830,218</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Bonds and notes</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">644,277</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,019,700</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,663,977</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Bank loans</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10,619,063</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">299,570</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10,918,633</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total financial liabilities</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">12,136,809</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5,403,162</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">-</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">17,539,971</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="33%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total interest repricing gap</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(1,514,478</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(5,238,542</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="17%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(6,579,894</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 7pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.75in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">c.&nbsp;&nbsp;&nbsp;&nbsp; Credit risks</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 7pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.75in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">The Company
and its subsidiaries are exposed to credit risk primarily from trade receivables
and other receivables. Credit risk is managed by continuous monitoring
outstanding balance and collection of trade and other receivables. </FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 7pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.75in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">The following
table sets out the maximum exposure of credit risk and concentration risk of the
Company and its subsidiaries :</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 7pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;</FONT></B></P>
<DIV align=left>
<TABLE style="WIDTH: 94.2%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="52%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Credit risk concentration</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 25pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 25pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 25pt; punctuation-wrap: simple" align=left><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="52%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Corporate</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Others</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=center><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Maximum exposure</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="52%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Trade receivables</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">3,903,171</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">3,122,052</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">7,025,223</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="52%">
      <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=left><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Other receivables</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">147,188</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">46,466</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">193,654</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="52%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">4,050,359</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">3,168,518</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">7,218,877</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in; punctuation-wrap: simple" align=right><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.75in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.75in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Management is
confident in its ability to continue to control and sustain minimal exposure of
credit risk given that the Company and its subsidiaries have provided sufficient
allowance for doubtful accounts to cover incurred loss arising from
uncollectible receivables based on existing historical loss.</FONT></P>
<P style="TEXT-ALIGN: center">133</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_136></A>
<a name="_bclPageBorder138"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">51.&nbsp; FINANCIAL ASSETS AND LIABILITIES
</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">1.&nbsp;&nbsp;&nbsp;&nbsp; Financial risk management
(continued)</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 8pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.75in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">d.&nbsp;&nbsp;&nbsp;&nbsp; Liquidity risks</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 8pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.75in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Liquidity
risk arises in situations where the Company and its subsidiaries have
difficulties in fulfilling financial liabilities when they become due.&nbsp;
Prudent liquidity risk management implies maintaining sufficient cash and cash
equivalents in order to fullfil the Company and its subsidiaries&#8217; financial
liabilities. The Company and its subsidiaries continuously perform an analysis
to monitor statement of financial position ratios, such as among other things,
liquidity ratios, debt equity ratios against debt covenant
requirements.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 8pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">2.&nbsp;&nbsp;&nbsp;&nbsp; Fair value of financial assets
and liabilities</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 8pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Fair value is
the amount for which an asset could be exchanged, or liability settled, in an
arms-length transaction.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 8pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">The table
below sets out the carrying amount and fair value of those financial assets and
liabilities not presented on the Company&#8217;s consolidated statement of financial
positions at their fair values:</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 8pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 96.14%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><B><FONT style="FONT-SIZE: 3pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="31%" colSpan=3>
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September
      30</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">, 2011</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><SUP><B><FONT style="FONT-SIZE: 3pt" color=windowtext face="Times New Roman">&nbsp;</FONT></B></SUP></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Carrying value</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="1%">
      <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></B></P></TD>
    <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=bottom width="15%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Fair
      value</FONT></B></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></B></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Two step
      loans</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,830,218</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,946,613</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Bonds and
      notes</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,663,977</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,891,290</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="67%">
      <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Bank
      loans</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10,918,633</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="15%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">11,133,557</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">
      <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">&nbsp;</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 8pt" lang=IN color=black face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">The Company
and its subsidiaries consider the fair value of current financial assets and
liabilities approximates their carrying amount, as the impact of discounting is
not significant. The fair values of long-term liabilities are estimated by
discounting the future cash flows of each liability at rates currently offered
to the Company and its subsidiaries for similar debts of comparable maturities
by the bankers of the Company and its subsidiaries, except for bonds which are
based on market prices. </FONT></P>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">52.&nbsp; SUBSEQUENT EVENTS</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">a.&nbsp;&nbsp;&nbsp;&nbsp; On October 11, 2011, through
ICBC, Sinosure approved Telkomsel&#8217;s request to cancel the Facility 2 of US$100
million (Note 22h).</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">b.&nbsp;&nbsp;&nbsp;&nbsp; In October 2011, GSD fully
repaid the loan facility amounted to Rp.19,000 from Bank CIMB Niaga (Note
18b).</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">c.&nbsp;&nbsp;&nbsp;&nbsp; On October 5, 2011, BSM has
agreed to extend the loan facility agreement amounted to Rp.15,000 million to
Balebat (Note 18d).</FONT></P>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center">134</P></DIV>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_137></A>
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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">53.&nbsp; RECENT ACCOUNTING PRONOUNCEMENTS IN INDONESIA
</FONT></B></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 22pt; VERTICAL-ALIGN: baseline; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The recent
accounting pronouncements in Indonesia that are relevant to the Company and its
subsidiaries are as follow:</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 22pt; VERTICAL-ALIGN: baseline; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -32pt; MARGIN: 0in 0in 0pt 0.75in; VERTICAL-ALIGN: baseline; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(i)</FONT><FONT style="FONT-SIZE: 7pt" lang=IN color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PSAK 24 (Revised 2010), &#8220;Employee Benefits&#8221;.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; VERTICAL-ALIGN: baseline; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">In
</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Februar</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">y&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">
2010</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">, the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">DSAK&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">
issued PSAK 24 (Revised 2010), &#8220;Employee Benefits&#8221; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">which
amends </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PSAK 24 (Revised 2004), &#8220;Employee Benefits&#8221;. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-AU color=windowtext face="Times New Roman">The
objective of this Standard is to prescribe the accounting and disclosure for
employee benefits. The Standard requires an entity to recognise: (a) a liability
when an employee has provided service in exchange for employee benefits to be
paid in the future; and, (b) an expense when the entity consumes the economic
benefit arising from service provided by an employee in exchange for employee
benefits.</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> PSAK 24 (Revised 2010) </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">shall be
effective for the reporting period beginning on or after</FONT><FONT style="FONT-SIZE: 10.5pt" lang=IN color=windowtext face="Times New Roman">
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">January 1, 2012. Early application is prohibited.&nbsp;
The company and its subsidiaries are currently assessing the impact of the
requirement of PSAK 24 (Revised 2010), &#8220;Employee Benefits&#8221; on the consolidated
financial statements.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 22pt; VERTICAL-ALIGN: baseline; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -33.6pt; MARGIN: 0in 0in 0pt 53.2pt; VERTICAL-ALIGN: baseline; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
PSAK 46 (Revised 2010), &#8220;Income Tax&#8221;.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; VERTICAL-ALIGN: baseline; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">In
August&nbsp; 2010, the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">DSAK&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">
issued PSAK 46 (Revised 2010), &#8220;Income Tax&#8221; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">which amends </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PSAK
46 (Revised 1994), &#8220;Accounting for Income Tax&#8221;. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-AU color=windowtext face="Times New Roman">The
objective of this Standard is to prescribe the accounting treatment for income
taxes. The principal issue in accounting for income taxes is how to account for
the current and future tax consequences of: (a) the future recovery (settlement)
of the carrying amount of assets (liabilities) that are recognised in an
entity's statement of financial position; and (b) transactions and other events
of the current period that are recognised in an entity's financial
statements</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">. PSAK 46 (Revised 2010) </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">shall be
effective for the reporting period beginning on or after</FONT><FONT style="FONT-SIZE: 10.5pt" lang=IN color=windowtext face="Times New Roman">
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">January 1, 2012. Early application is encouraged.
However, for entities that do business combination in accordance with the
requirements of PSAK 22 (revised 2010), &#8220;Business Combination&#8221; is required to
make early application.</FONT><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face="Times New Roman"> </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The company and its
subsidiaries are currently assessing the impact of the requirement of PSAK 46
(Revised 2010), &#8220;Income Tax&#8221; on the consolidated financial
statements.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 22pt; VERTICAL-ALIGN: baseline; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -33.6pt; MARGIN: 0in 0in 0pt 53.2pt; VERTICAL-ALIGN: baseline; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
PSAK 50 (Revised 2010), &#8220;Financial Instruments: Presentation&#8221;.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; VERTICAL-ALIGN: baseline; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">In
</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">M</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">ay&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">
2010</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">, the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">DSAK&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">
issued PSAK 50 (Revised 2010), &#8220;Financial Instruments: Presentation&#8221;
</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">which amends </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PSAK 50 (Revised 2006),
&#8220;Financial Instruments: Presentation and Disclosures&#8221;. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-AU color=windowtext face="Times New Roman">The
objective of this Standard is to establish principles for presenting financial
instruments as liabilities or equity and for offsetting financial assets and
financial liabilities. It applies to the classification of financial
instruments, from the perspective of the issuer, into financial assets,
financial liabilities and equity instruments; the classification of related
interest, dividends, losses and gains; and&nbsp;the circumstances in which
financial assets and financial liabilities should be offset.</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp; PSAK 50 (Revised 2010) </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">shall be
effective for the reporting period beginning on or after</FONT><FONT style="FONT-SIZE: 10.5pt" lang=IN color=windowtext face="Times New Roman">
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">January 1, 2012 and prospectively applied. Early
application is encouraged. The company and its subsidiaries are currently
assessing the impact of the requirement of PSAK 50 (Revised 2010), &#8220;Financial
Instruments: Presentation&#8221; on the consolidated financial statements.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">135</P></DIV>
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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">53.&nbsp; RECENT ACCOUNTING PRONOUNCEMENTS IN INDONESIA
</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 22pt; VERTICAL-ALIGN: baseline; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -33.6pt; MARGIN: 0in 0in 0pt 53.2pt; VERTICAL-ALIGN: baseline; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; PSAK
60, &#8220;Financial Instruments: Disclosures&#8221;.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 5pt 0in 5pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">In
May 2010, the DSAK issued PSAK 60, &#8220;Financial Instruments: Disclosures&#8221;
</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">which amends </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PSAK 50 (Revised 2006),
&#8220;Financial Instruments: Presentation and Disclosures&#8221;. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-AU color=windowtext face="Times New Roman">The
objective of this IFRS is to require entities to provide disclosures in their
financial statements that enable users to evaluate: (a) the significance of
financial instruments for the entity's financial position and performance; and
(b) the nature and extent of risks arising from financial instruments to which
the entity is exposed during the period and at the end of the reporting period,
and how the entity manages those risks</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">. PSAK 60 </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">shall be
effective for the reporting period beginning on or after</FONT><FONT style="FONT-SIZE: 10.5pt" lang=IN color=windowtext face="Times New Roman">
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">January 1, 2012 and prospectively applied. Early
application is encouraged. The company and its subsidiaries are currently
assessing the impact of the requirement of PSAK 60, &#8220;Financial Instruments:
Disclosures&#8221; on the consolidated financial statements.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 22pt; VERTICAL-ALIGN: baseline; punctuation-wrap: simple"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -33.6pt; MARGIN: 0in 0in 0pt 53.2pt; VERTICAL-ALIGN: baseline; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
PSAK 56 (Revised 2010), &#8220;Earnings per Share&#8221;.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; VERTICAL-ALIGN: baseline; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">In
April </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">201</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">1, the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">DSAK&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> issued PSAK 56 (Revised 2010),
&#8220;Earnings per Share&#8221; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">which amends </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PSAK
56 (1999), &#8220;Earnings per Share&#8221;. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-AU color=windowtext face="Times New Roman">The objective of this Standard is to
prescribe principles for the determination and presentation of earnings per
share, so as to improve performance comparisons between different entities in
the same reporting period and between different reporting periods for the same
entity.</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp; PSAK 56 (Revised 2010) </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">shall be
effective for the reporting period beginning on or after</FONT><FONT style="FONT-SIZE: 10.5pt" lang=IN color=windowtext face="Times New Roman">
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">January 1, 2012. The company and its subsidiaries are
currently assessing the impact of the requirement of PSAK 56 (Revised 2010),
&#8220;Earnings per Share&#8221; on the consolidated financial statements.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 22pt; VERTICAL-ALIGN: baseline; punctuation-wrap: simple"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -33.6pt; MARGIN: 0in 0in 0pt 53.2pt; VERTICAL-ALIGN: baseline; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(vi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ISAK
15, &#8221;PSAK 24 - The Limit on a Defined Benefit Asset&#8221;. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 5pt 0in 5pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">In
April 2010, the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">DSAK&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> issued ISAK 15, &#8221;PSAK 24 - The Limit on
a Defined Benefit Asset&#8221;. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-AU color=windowtext face="Times New Roman">This Interpretation applies to all
post-employment defined benefits and other long-term employee defined benefits.
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">ISAK 15 </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">shall be effective for the reporting
period beginning on or after</FONT><FONT style="FONT-SIZE: 10.5pt" lang=IN color=windowtext face="Times New Roman"> </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">January 1, 2012. Early
application is prohibited. The company and its subsidiaries are currently
assessing the impact of the requirement of ISAK 15, &#8221;PSAK 24 - The Limit on a
Defined Benefit Asset&#8221; on the consolidated financial statements.</FONT></P>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -34.4pt; MARGIN: 0in 0in 0pt 0.75in; VERTICAL-ALIGN: baseline; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(vii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ISAK 20,
&#8220;Income Taxes - Changes in the Tax Status of an Entity or its
Shareholders&#8221;.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">In
August 2010, the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">DSAK&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> issued ISAK 20, &#8220;Income Taxes - Changes
in the Tax Status of an Entity or its Shareholders&#8221;. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-AU color=windowtext face="Times New Roman">A
change in the tax status of an entity or of its shareholders may have
consequences for an entity by increasing or decreasing its tax liabilities or
assets. This may, for example, occur upon the public listing of an entity's
equity instruments or upon the restructuring of an entity's equity. It may also
occur upon a controlling shareholder's move to a foreign country. As a result of
such an event, an entity may be taxed differently; it may for example gain or
lose tax incentives or become subject to a different rate of tax in the
future.</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> ISAK 20 </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">shall be effective for the reporting
period beginning on or after</FONT><FONT style="FONT-SIZE: 10.5pt" lang=IN color=windowtext face="Times New Roman"> </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">January 1, 2012. Early
application is encouraged. The company and its subsidiaries are currently
assessing the impact of the requirement of ISAK 20, &#8220;Income Taxes - Changes in
the Tax Status of an Entity or its Shareholders&#8221; on the consolidated financial
statements.</FONT></P>
<P style="TEXT-ALIGN: center">136</P></DIV>
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<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_139></A>
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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
<DIV style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: medium none; PADDING-BOTTOM: 1pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in">
<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: justify; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: medium none; BORDER-RIGHT: medium none; PADDING-TOP: 0in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">53.&nbsp; RECENT ACCOUNTING PRONOUNCEMENTS IN INDONESIA
</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 22pt; VERTICAL-ALIGN: baseline; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -35.95pt; MARGIN: 5pt 0in 5pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">(viii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ISAK 16,
&#8221;Service Concession Arrangements&#8221;. </FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 5pt 0in 5pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 5pt 0in 5pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">In
February 2011, the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">DSAK&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> issued ISAK 16, &#8221;Service Concession
Arrangements&#8221;. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-AU color=windowtext face="Times New Roman">ISAK16 provides guidance on the accounting by operators
for public-to-private service concession arrangements. This Interpretation
applies to public-to-private service concession arrangements if: a) the grantor
controls or regulates what services the operator must provide with the
infrastructure, to whom it must provide them, and at what price; and b) the
grantor controls&#8212;through ownership, beneficial entitlement or otherwise any
significant residual interest in the infrastructure at the end of the term of
the arrangement.<SUP> </SUP></FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">ISAK 16 </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">shall be
effective for the reporting period beginning on or after</FONT><FONT style="FONT-SIZE: 10.5pt" lang=IN color=windowtext face="Times New Roman">
</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">January 1, 2012. The company and its subsidiaries are
currently assessing the impact of the requirement of ISAK 16, &#8221;Service
Concession Arrangements&#8221; on the consolidated financial statements.</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.5in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -34.4pt; MARGIN: 0in 0in 0pt 0.75in; VERTICAL-ALIGN: baseline; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(ix)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ISAK
22, &#8220;Service Concession Arrangements: Disclosures&#8221;.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">In
February 2011, the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">DSAK&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> issued ISAK 22, &#8220;Service Concession
Arrangements: Disclosures&#8221;. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-AU color=windowtext face="Times New Roman">ISAK 22 prescribes that in each period,
An operator and a grantor shall disclose a description of the arrangement,
significant terms of the arrangement, the nature and extent, changes in the
arrangement occurring during the period, how the service arrangement has been
classified, the amount of revenue and profits or losses recognised in the period
on exchanging construction services for a financial asset or an intangible
asset.</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> ISAK 22 </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">shall be effective for the reporting
period beginning on or after</FONT><FONT style="FONT-SIZE: 10.5pt" lang=IN color=windowtext face="Times New Roman"> </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">January 1, 2012. The company
and its subsidiaries are currently assessing the impact of the requirement of
ISAK 22, &#8220;Service Concession Arrangements: Disclosures&#8221; on the consolidated
financial statements.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -34.4pt; MARGIN: 0in 0in 0pt 0.75in; VERTICAL-ALIGN: baseline; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(x)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
ISAK 23, &#8220;Operating Leases - Incentives&#8221;.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">In
June 2011, the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">DSAK&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> issued ISAK 23, &#8220;Operating Leases -
Incentives&#8221;. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-AU color=windowtext face="Times New Roman">ISAK 23 provides guidance on the accounting to recognise
in the financial statements of both the lessee and the lessor. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">ISAK
23 </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">shall be effective for the reporting period beginning on
or after</FONT><FONT style="FONT-SIZE: 10.5pt" lang=IN color=windowtext face="Times New Roman"> </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">January 1, 2012. Early application is
permitted. The company and its subsidiaries are currently assessing the impact
of the requirement of ISAK 23, &#8220;Operating Leases - Incentives&#8221; on the
consolidated financial statements.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -34.4pt; MARGIN: 0in 0in 0pt 0.75in; VERTICAL-ALIGN: baseline; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(xi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ISAK
24, &#8220;Evaluating the Substance of Transactions Involving the Legal Form of a
Lease&#8221;.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">In
June 2011, the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">DSAK&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> issued ISAK 24, &#8220;Service Concession
Arrangements: Disclosures&#8221;. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-AU color=windowtext face="Times New Roman">ISAK 24 provides guidance on the
accounting to determine whether a series of transactions is linked and should be
accounted for as one transaction and determine whether the arrangement meets the
definition of a lease under </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PSAK 30 (revised 2007): Leases. ISAK 24
</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">shall be effective for the reporting period beginning on
or after </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">January 1, 2012. Early application is permitted. The
company and its subsidiaries are currently assessing the impact of the
requirement of ISAK 24, &#8220;Evaluating the Substance of Transactions Involving the
Legal Form of a Lease&#8221; on the consolidated financial statements.</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center">137</P></DIV>
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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><A href="#TABLEOFCONTENTS"><B><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">Table of Content</FONT></U></B></A></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">P.T.
TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">DECEMBER 31, 2010 (AUDITED) AND SEPTEMBER 30, 2011
(UNAUDITED) AND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">NINE
MONTHS PERIOD ENDED SEPTEMBER 30, 2010 AND 2011 (UNAUDITED) </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(Figures in tables are presented in millions of Rupiah,
unless otherwise stated)</FONT></B></P>
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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">53.&nbsp; RECENT ACCOUNTING PRONOUNCEMENTS IN INDONESIA
</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -34.4pt; MARGIN: 0in 0in 0pt 0.75in; VERTICAL-ALIGN: baseline; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -34.4pt; MARGIN: 0in 0in 0pt 0.75in; VERTICAL-ALIGN: baseline; punctuation-wrap: simple"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;(xii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; PPSAK 11,
&#8220;Revocation of PSAK 39: Accounting for </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Joint Operation
Schemes</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&#8221;.&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;</FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">In
February 2011, the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">DSAK&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> issued PPSAK 11, &#8220;Revocation of PSAK
39: Accounting for </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Joint Operation Schemes</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&#8221;.
PP</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-AU color=windowtext face="Times New Roman">SAK 11 </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">revokes PSAK 39: &#8220;Accounting for
</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Joint Operation Schemes</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&#8221;,
which regulates the accounting treatment of joint operation without the
establishment of new entities, one of the parties that control the assets and
operations, and the handover of assets.&nbsp; PPSAK 11 shall apply prospectively
effective for reporting periods beginning on or after January 1, 2012.&nbsp; The
company and its subsidiaries are currently assessing the impact of the
requirement of PPSAK 11, &#8220;Revocation of PSAK 39: Accounting for </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Joint
Operation Schemes</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&#8221; on the consolidated financial
statements.</FONT></P>
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<P style="TEXT-ALIGN: center">138</P></DIV>
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